White Gold Corp Stock Performance
| WGO Stock | CAD 0.19 0.01 5.00% |
The firm maintains a market beta of 0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, White Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding White Gold is expected to be smaller as well. At this point, White Gold Corp has a negative expected return of -0.35%. Please make sure to check out White Gold's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if White Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days White Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2015-01-23 |
1 | White Gold Corp Launches 4.5M Private Placement to Advance 2.3M-Ounce Gold Portfolio in Yukon - StockTitan | 12/05/2024 |
2 | White Gold Corp. announced that it expects to receive CAD 4.5 million in funding from Agnico Eagle Mines Limited - Marketscreener.com | 12/31/2024 |
| Begin Period Cash Flow | 6.1 M |
White |
White Gold Relative Risk vs. Return Landscape
If you would invest 25.00 in White Gold Corp on October 31, 2024 and sell it today you would lose (6.00) from holding White Gold Corp or give up 24.0% of portfolio value over 90 days. White Gold Corp is currently producing negative expected returns and takes up 4.2544% volatility of returns over 90 trading days. Put another way, 37% of traded stocks are less volatile than White, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
White Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for White Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as White Gold Corp, and traders can use it to determine the average amount a White Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0828
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WGO |
Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average White Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of White Gold by adding White Gold to a well-diversified portfolio.
White Gold Fundamentals Growth
White Stock prices reflect investors' perceptions of the future prospects and financial health of White Gold, and White Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on White Stock performance.
| Return On Equity | -0.0158 | ||||
| Return On Asset | -0.0085 | ||||
| Current Valuation | 34.42 M | ||||
| Shares Outstanding | 176.34 M | ||||
| Price To Book | 0.30 X | ||||
| Gross Profit | (131.14 K) | ||||
| EBITDA | (2.09 M) | ||||
| Net Income | (2.22 M) | ||||
| Cash And Equivalents | 14.86 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 14.26 M | ||||
| Current Ratio | 3.92 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | (1.73 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 34.39 M | ||||
| Total Asset | 134.49 M | ||||
| Retained Earnings | (29.62 M) | ||||
| Working Capital | 4.07 M | ||||
About White Gold Performance
Evaluating White Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if White Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if White Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (32.68) | (31.05) | |
| Return On Tangible Assets | (0.01) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.01) | (0.02) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about White Gold Corp performance evaluation
Checking the ongoing alerts about White Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for White Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 (131.14 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 |
- Analyzing White Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether White Gold's stock is overvalued or undervalued compared to its peers.
- Examining White Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating White Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of White Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of White Gold's stock. These opinions can provide insight into White Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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.