White Gold Corp Stock Today

WGO Stock  CAD 0.24  0.01  4.35%   

Performance

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Odds Of Distress

Over 57

 
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White Gold is selling for under 0.24 as of the 1st of December 2024; that is 4.35% increase since the beginning of the trading day. The stock's lowest day price was 0.23. White Gold has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for White Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2023 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. White Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. WHITE GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 176.34 M outstanding shares of which 44.7 K shares are at this time shorted by private and institutional investors with about 0.41 days to cover all short positions. More on White Gold Corp

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White Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. White Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding White Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
White Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to White Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
White Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand White Gold's financial leverage. It provides some insight into what part of White Gold's total assets is financed by creditors.
Liquidity
White Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. White Gold Corp has accumulated 14.26 M in total debt. White Gold Corp has a current ratio of 3.84, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist White Gold until it has trouble settling it off, either with new capital or with free cash flow. So, White Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like White Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for White to invest in growth at high rates of return. When we think about White Gold's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

3.7 Million
White Gold Corp (WGO) is traded on TSX Venture Exchange in Canada and employs 4 people. White Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 41.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate White Gold's market, we take the total number of its shares issued and multiply it by White Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. White Gold Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 176.34 M outstanding shares of which 44.7 K shares are at this time shorted by private and institutional investors with about 0.41 days to cover all short positions. White Gold Corp has accumulated about 14.86 M in cash with (1.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check White Gold Probability Of Bankruptcy
Ownership Allocation
White Gold Corp retains a total of 176.34 Million outstanding shares. White Gold Corp owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check White Ownership Details

White Gold Corp Risk Profiles

Although White Gold's alpha and beta are two of the key measurements used to evaluate White Gold's performance over the market, the standard measures of volatility play an important role as well.

White Stock Against Markets

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White Gold Corporate Executives

Elected by the shareholders, the White Gold's board of directors comprises two types of representatives: White Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of White. The board's role is to monitor White Gold's management team and ensure that shareholders' interests are well served. White Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, White Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shawn RyanChief CoFounderProfile
CGA CPACFO SecretaryProfile

Additional Tools for White Stock Analysis

When running White Gold's price analysis, check to measure White Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy White Gold is operating at the current time. Most of White Gold's value examination focuses on studying past and present price action to predict the probability of White Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White Gold's price. Additionally, you may evaluate how the addition of White Gold to your portfolios can decrease your overall portfolio volatility.