White Gold Corp Stock Analysis

White Stock Analysis Notes

About 52.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.31. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. White Gold Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 23rd of January 2015. 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. For more information please call the company at 647 930 1880 or visit https://www.whitegoldcorp.ca.

White Gold Corp Investment Alerts

White Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.03 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 Profitablity

Management Efficiency

Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to climb to -0.01 in 2024. At this time, White Gold's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 135.9 M in 2024, whereas Total Current Assets are likely to drop slightly above 3.9 M in 2024. White Gold's management efficiency ratios could be used to measure how well White Gold manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 26th of December, White Gold maintains the Standard Deviation of 4.1, mean deviation of 3.1, and Market Risk Adjusted Performance of 2.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of White Gold Corp, as well as the relationship between them. Please check out White Gold Corp variance and value at risk to decide if White Gold Corp is priced fairly, providing market reflects its latest price of 0.21 per share.

White Gold Corp Price Movement Analysis

White Gold Outstanding Bonds

White Gold Predictive Daily Indicators

White Gold Forecast Models

White Gold's time-series forecasting models are one of many White Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary White Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how White Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling White shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as White Gold. By using and applying White Stock analysis, traders can create a robust methodology for identifying White entry and exit points for their positions.

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.