White Gold (CVE:WGO) Given a C$3.45 Price Target at Stifel Nicolaus

White Gold (CVE:WGO) has been assigned a C$3.45 price target by stock analysts at Stifel Nicolaus in a report issued on Tuesday, BayStreet reports. The brokerage presently has a “speculative buy” rating on the stock. Stifel Nicolaus‘s price target would indicate a potential upside of 130.00% from the company’s current price.

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

White Gold Stock Down 5.7%

Shares of WGO stock traded down C$0.09 on Tuesday, reaching C$1.50. The stock had a trading volume of 91,912 shares, compared to its average volume of 506,754. White Gold has a 12 month low of C$0.85 and a 12 month high of C$2.50. The firm has a market capitalization of C$338.28 million, a price-to-earnings ratio of -50.00 and a beta of 3.76. The firm’s 50-day moving average is C$1.82 and its two-hundred day moving average is C$1.80.

About White Gold

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.