White Gold Corp Stock Buy Hold or Sell Recommendation
| WGO Stock | CAD 0.22 0.01 4.76% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding White Gold Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell White Gold Corp given historical horizon and risk tolerance towards White Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for White Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out White Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as White and provide practical buy, sell, or hold advice based on investors' constraints. White Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Execute White Gold Buy or Sell Advice
The White recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on White Gold Corp. Macroaxis does not own or have any residual interests in White Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute White Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
White Gold Trading Alerts and Improvement Suggestions
| White Gold Corp generated a negative expected return over the last 90 days | |
| White Gold Corp has some characteristics of a very speculative penny stock | |
| White Gold Corp has high historical volatility and very poor performance | |
| White Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.22 M) with loss before overhead, payroll, taxes, and interest of (87.08 K). | |
| 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. | |
| Roughly 52.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: White Gold announces updated MRE for White Gold project - TipRanks |
White Gold Returns Distribution Density
The distribution of White Gold's historical returns is an attempt to chart the uncertainty of White Gold's future price movements. The chart of the probability distribution of White Gold daily returns describes the distribution of returns around its average expected value. We use White Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of White Gold returns is essential to provide solid investment advice for White Gold.
| Mean Return | -0.24 | Value At Risk | -7.41 | Potential Upside | 4.76 | Standard Deviation | 3.70 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of White Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
White Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (13.9M) | (729.3K) | 5.6M | (3.5M) | (1.2M) | (1.1M) | |
| Free Cash Flow | (17.6M) | (7.3M) | (7.8M) | (7.9M) | (6.3M) | (6.6M) | |
| Capital Expenditures | 14.4M | 4.5M | 4.7M | 6.9M | 4.6M | 4.2M | |
| Net Income | (318.6K) | (6.6M) | (1.2M) | (1.1M) | (2.2M) | (2.1M) | |
| End Period Cash Flow | 4.8M | 4.1M | 9.6M | 6.1M | 4.9M | 3.7M | |
| Other Non Cash Items | 997.2K | 2.0M | (1.8M) | (1.6M) | 855.6K | 898.4K | |
| Depreciation | 13.1K | 9.2K | 6.4K | 4.5K | 3.1K | 3.1K | |
| Investments | (14.4M) | (4.5M) | (4.7M) | (6.9M) | (4.6M) | (4.8M) | |
| Change To Netincome | 2.7M | (2.6M) | 3.8M | (1.4M) | (1.6M) | (1.5M) |
White Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to White Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that White Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a White stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 3.70 | |
Ir | Information ratio | -0.1 |
White Gold Volatility Alert
White Gold Corp exhibits very low volatility with skewness of 0.24 and kurtosis of 0.89. White Gold Corp is a potential penny stock. Although White Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in White Gold Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on White instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.White Gold Fundamentals Vs Peers
Comparing White Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze White Gold's direct or indirect competition across all of the common fundamentals between White Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as White Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of White Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing White Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare White Gold to competition |
| Fundamentals | White Gold | Peer Average |
| Return On Equity | -0.0158 | -0.31 |
| Return On Asset | -0.0085 | -0.14 |
| Current Valuation | 34.3 M | 16.62 B |
| Shares Outstanding | 176.34 M | 571.82 M |
| Shares Owned By Insiders | 51.69 % | 10.09 % |
| Shares Owned By Institutions | 6.35 % | 39.21 % |
| Number Of Shares Shorted | 31.65 K | 4.71 M |
| Price To Book | 0.31 X | 9.51 X |
| Gross Profit | (87.08 K) | 27.38 B |
| EBITDA | (2.09 M) | 3.9 B |
| Net Income | (2.22 M) | 570.98 M |
| Cash And Equivalents | 14.86 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Total Debt | 14.26 M | 5.32 B |
| Current Ratio | 3.92 X | 2.16 X |
| Book Value Per Share | 0.67 X | 1.93 K |
| Cash Flow From Operations | (1.73 M) | 971.22 M |
| Short Ratio | 0.41 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Target Price | 2.1 | |
| Beta | 1.54 | -0.15 |
| Market Capitalization | 37.91 M | 19.03 B |
| Total Asset | 134.49 M | 29.47 B |
| Retained Earnings | (29.62 M) | 9.33 B |
| Working Capital | 4.07 M | 1.48 B |
| Net Asset | 134.49 M |
White Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as White . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About White Gold Buy or Sell Advice
When is the right time to buy or sell White Gold Corp? Buying financial instruments such as White Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.