White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada.
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Mediocre balance sheet and overvalued.
Share Price & News
How has White Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WGO's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: WGO underperformed the Canadian Metals and Mining industry which returned 4.8% over the past year.
Return vs Market: WGO underperformed the Canadian Market which returned 4.6% over the past year.
Price Volatility Vs. Market
How volatile is White Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StDo Insiders Own Lots Of Shares In White Gold Corp. (CVE:WGO)?
7 months ago | Simply Wall StIf You Had Bought White Gold (CVE:WGO) Stock Three Years Ago, You Could Pocket A 1553% Gain Today
11 months ago | Simply Wall StDo Insiders Own Lots Of Shares In White Gold Corp. (CVE:WGO)?
Is White Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WGO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WGO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WGO is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: WGO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WGO is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.6x).
How is White Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as White Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of WGO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- White Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has White Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WGO is currently unprofitable.
Growing Profit Margin: WGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WGO is unprofitable, and losses have increased over the past 5 years at a rate of -73.5% per year.
Accelerating Growth: Unable to compare WGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WGO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: WGO has a negative Return on Equity (-4.89%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is White Gold's financial position?
Financial Position Analysis
Short Term Liabilities: WGO's short term assets (CA$6.9M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: WGO's short term assets (CA$6.9M) do not cover its long term liabilities (CA$12.6M).
Debt to Equity History and Analysis
Debt Level: WGO is debt free.
Reducing Debt: WGO currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Inventory Level: WGO has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if WGO's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WGO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54.5% each year
What is White Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate WGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate WGO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WGO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WGO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dave D’Onofrio (42yo)
Mr. David M. D'Onofrio, C.A. has been the Chief Financial Officer at PowerOne Capital Markets Limited since October 2009. At PowerOne, Mr. D'Onofrio advises and structures corporate finance transactions an ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD158.22K) is about average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
|Chief Technical Advisor & Director||3.2yrs||CA$90.79k||6.5% CA$7.4m|
|Founder||13.7yrs||no data||no data|
|Independent Director||4.3yrs||CA$20.18k||no data|
|Independent Director||4.3yrs||CA$15.12k||0.0080% CA$9.1k|
Experienced Board: WGO's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22%.
White Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: White Gold Corp.
- Ticker: WGO
- Exchange: TSXV
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$113.456m
- Shares outstanding: 124.68m
- Website: https://www.whitegoldcorp.ca
- White Gold Corp.
- 82 Richmond Street East
- M5C 1P1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WGO||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 1998|
|WHGO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 1998|
|29W||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1998|
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company’s flagship property is the White Gold property located in Dawson City, Yukon Territory, Canada. As of December 5, 2019, it owned a portfolio of 21,207 quartz claims across 33 properties covering approximately 422,730 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. White Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 01:36|
|End of Day Share Price||2020/02/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.