White Gold (CVE:WGO) PT Set at C$3.45 by Stifel Nicolaus

White Gold (CVE:WGO) has been given a C$3.45 price objective by analysts at Stifel Nicolaus in a research note issued on Tuesday, BayStreet reports. The firm currently has a “speculative buy” rating on the stock. Stifel Nicolaus‘s price objective indicates a potential upside of 130.00% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity Group set a C$3.40 price objective on shares of White Gold and gave the stock a “moderate buy” rating in a research note on Monday, August 31st. ATB Cormark Capital Markets set a C$4.50 target price on White Gold and gave the company a “speculative buy” rating in a research report on Thursday, September 10th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$3.78.

White Gold Stock Down 5.7%

WGO traded down C$0.09 during trading hours on Tuesday, hitting C$1.50. 91,912 shares of the company’s stock were exchanged, compared to its average volume of 506,754. The stock has a market cap of C$338.28 million, a price-to-earnings ratio of -50.00 and a beta of 3.76. White Gold has a 1-year low of C$0.85 and a 1-year high of C$2.50. The stock’s 50-day moving average is C$1.82 and its two-hundred day moving average is C$1.80.

White Gold Company Profile

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, molybdenum, and silver deposits. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. The company owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,600 hectares located in the Yukon’s White Gold District in Canada. The company was formerly known as G4G Capital Corp. and changed its name to White Gold Corp. in December 2016.