White Stock Today

WGO Stock  CAD 0.37  0.01  2.63%   
Market Performance
1 of 100
Odds Of Distress
Over 75
White Gold is selling for under 0.37 as of the 6th of February 2023; that is -2.63 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.37. White Gold has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading 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 8th of December 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
ISIN
CA9638101068
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 160.5 M outstanding shares of which 22.58 K shares are at this time shorted by private and institutional investors with about 0.47 days to cover all short positions. More on White Gold Corp

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+0.64BBD-BBombardier Earnings Call This WeekPairCorr
Follow Valuation Odds of Bankruptcy
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White Gold 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.
President CEO, DirectorDavid DOnofrio
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of White Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
White Gold Corp (WGO) is traded on TSX Venture Exchange in Canada and employs 13 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.19 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 Basic Materials sector and is part of Gold industry. The entity has 160.5 M outstanding shares of which 22.58 K shares are at this time shorted by private and institutional investors with about 0.47 days to cover all short positions. White Gold Corp has accumulated about 14.86 M in cash with (3.11 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
White Gold Corp owns a total of 160.5 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 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

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White Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of White Gold jumping above the current price in 90 days from now is about 68.51%. The White Gold Corp probability density function shows the probability of White Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon White Gold has a beta of 0.7357. This entails as returns on the market go up, White Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding White Gold Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. White Gold Corp is significantly underperforming NYSE Composite.
  Odds Below 0.37HorizonTargetOdds Above 0.37
31.37%90 days
 0.37 
68.51%
Based on a normal probability distribution, the odds of White Gold to move above the current price in 90 days from now is about 68.51 (This White Gold Corp probability density function shows the probability of White Stock to fall within a particular range of prices over 90 days) .

White Gold Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. White Gold market risk premium is the additional return an investor will receive from holding White Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in White Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. 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

Picking the right benchmark for White Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in White Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for White Gold is critical whether you are bullish or bearish towards White Gold Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in White Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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White Gold Corporate Directors

White Gold corporate directors refer to members of a White Gold board of directors. The board of directors generally takes responsibility for the White Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of White Gold's board members must vote for the resolution. The White Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Peter Pollard - Independent DirectorProfile
Sean Bromley - DirectorProfile
Maruf Raza - DirectorProfile
Robert Carpenter - DirectorProfile

Invested in White Gold Corp?

The danger of trading White Gold Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of White Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than White Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile White Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running White Gold Corp 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 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.
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Please note, there is a significant difference between White Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine White Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, White Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.