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White Gold

TSXV:WGO
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WGO
TSXV
CA$141M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The last earnings update was 114 days ago. More info.


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  • White Gold has significant price volatility in the past 3 months.
WGO Share Price and Events
7 Day Returns
1.6%
TSXV:WGO
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
39.6%
TSXV:WGO
-5.4%
CA Metals and Mining
0.9%
CA Market
WGO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
White Gold (WGO) 1.6% -4.5% -15.3% 39.6% 2722.2% -
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • WGO outperformed the Metals and Mining industry which returned -5.4% over the past year.
  • WGO outperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
WGO
Industry
5yr Volatility vs Market

WGO Value

 Is White Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for White Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$1.27.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for White Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are White Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:WGO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.04
TSXV:WGO Share Price ** TSXV (2019-03-22) in CAD CA$1.27
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of White Gold.

TSXV:WGO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:WGO Share Price ÷ EPS (both in CAD)

= 1.27 ÷ -0.04

-29.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • White Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • White Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does White Gold's expected growth come at a high price?
Raw Data
TSXV:WGO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -29.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for White Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on White Gold's assets?
Raw Data
TSXV:WGO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.86
TSXV:WGO Share Price * TSXV (2019-03-22) in CAD CA$1.27
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:WGO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:WGO Share Price ÷ Book Value per Share (both in CAD)

= 1.27 ÷ 0.86

1.48x

* Primary Listing of White Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • White Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess White Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. White Gold has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WGO Future Performance

 How is White Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is White Gold expected to grow at an attractive rate?
  • Unable to compare White Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare White Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare White Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:WGO Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:WGO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:WGO Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -6 -4
2018-06-30 -8 -4
2018-03-31 -4 -3
2017-12-31 -4 -3
2017-09-30 1 -1
2017-06-30 2 -1
2017-03-31 1 -1
2016-12-31 1 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if White Gold is high growth as no earnings estimate data is available.
  • Unable to determine if White Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:WGO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from White Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:WGO Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 -0.01
2015-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if White Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine White Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. White Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. White Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess White Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
White Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WGO Past Performance

  How has White Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare White Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • White Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare White Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare White Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
White Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from White Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:WGO Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -3.79 2.27
2018-06-30 -3.67 1.77
2018-03-31 -3.26 1.78
2017-12-31 -3.23 1.70
2017-09-30 -1.02 1.39
2017-06-30 -0.86 0.96
2017-03-31 -0.62 0.52
2016-12-31 -0.30 0.23
2016-09-30 -0.06 0.05
2016-06-30 -0.06 0.08
2016-03-31 -0.10 0.08
2015-12-31 -0.15 0.09
2015-09-30 -0.13 0.07
2015-06-30 -0.13 0.03
2015-03-31 -0.12 0.03
2014-12-31 -0.11 0.03
2014-09-30 -0.03 0.03
2014-06-30 -0.04 0.04
2014-03-31 -0.02 0.04
2013-12-31 -0.02 0.04
2013-09-30 -0.14 0.08
2013-06-30 -0.15 0.10
2013-03-31 -0.18 0.12
2012-12-31 -0.20 0.15
2012-09-30 -0.43 0.14
2012-06-30 -0.55 0.22
2012-03-31 -0.80 0.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if White Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if White Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if White Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess White Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
White Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WGO Health

 How is White Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up White Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • White Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • White Gold's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of White Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • White Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from White Gold Company Filings, last reported 5 months ago.

TSXV:WGO Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 85.23 0.00 7.63
2018-06-30 77.68 0.00 5.69
2018-03-31 78.28 0.00 10.16
2017-12-31 78.50 0.00 11.46
2017-09-30 79.31 0.00 15.54
2017-06-30 79.40 0.00 21.45
2017-03-31 35.73 0.00 25.19
2016-12-31 27.77 0.00 16.70
2016-09-30 0.31 0.04 0.34
2016-06-30 0.33 0.04 0.35
2016-03-31 0.33 0.04 0.38
2015-12-31 0.32 0.04 0.38
2015-09-30 0.37 0.04 0.39
2015-06-30 -0.61 0.37 0.00
2015-03-31 -0.57 0.35 0.01
2014-12-31 -0.54 0.32 0.01
2014-09-30 -0.51 0.29 0.01
2014-06-30 -0.48 0.27 0.01
2014-03-31 -0.45 0.23 0.00
2013-12-31 -0.42 0.21 0.00
2013-09-30 -0.47 0.19 0.00
2013-06-30 -0.44 0.17 0.00
2013-03-31 -0.43 0.16 0.01
2012-12-31 -0.40 0.15 0.06
2012-09-30 -0.33 0.13 0.04
2012-06-30 -0.29 0.13 0.03
2012-03-31 -0.24 0.12 0.06
  • White Gold has no debt.
  • White Gold currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • White Gold has less than a year of cash runway based on current free cash flow.
  • White Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 94.1% each year.
X
Financial health checks
We assess White Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. White Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WGO Dividends

 What is White Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from White Gold dividends.
If you bought CA$2,000 of White Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate White Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate White Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:WGO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as White Gold has not reported any payouts.
  • Unable to verify if White Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of White Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as White Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess White Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can White Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. White Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WGO Management

 What is the CEO of White Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dave D’Onofrio
COMPENSATION CA$117,150
AGE 41
TENURE AS CEO 3.3 years
CEO Bio

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 and conducts due diligence. He serves as Chief Executive Officer, Chief Financial Officer, Secretary and Director since POCML 5 Inc. He has been Chief Executive Officer and President of White Gold Corp. (alternate name, G4G Capital Corp.) since November 5, 2015. Mr. D'Onofrio has over 10 years experience working in public accounting. He has experience in financial statement audit (US & Cdn GAAP), global restructuring and Canadian Corporate tax. He is a Chartered Accountant who practices in both Audit and International Taxation Advisory roles at a Toronto based public accounting firms where he worked extensively with small/medium sized private and public companies, with a specific focus on early stage resource, technology and health science companies, both foreign and domestic. Mr. D'Onofrio served as the Chief Financial Officer and Corporate Secretary of Rio2 Limited (formerly Prospector Resources Corp.) since March 01, 2017 until June 1, 2017. Mr. D'Onofrio served as the Chief Executive Officer, Chief Financial Officer and Secretary of POCML 3 Inc. He served as the Chief Executive Officer, Chief Financial Officer and Secretary at POCML 2 Inc. He served as Chief Executive Officer, Chief Financial Officer and Secretary at Mason Graphite Inc. until October 15, 2012. Mr. D'Onofrio served as the Chief Executive Officer at POCML 1 Inc. He served as a Tax Manager at Collins Barrow LLP from July 2008 to October 2009. He served as a Tax and Audit Manager at Deloitte & Touche LLP from January 2000 to June 2009. Mr. D’Onofrio has also provided advisory services in a variety of capacities to a wide array of private and public enterprises as Director, Audit Committee Member and in various Financial Advisory Positions. He served as officer and advisor to several publicly listed companies. He serves as a Director at 9 Capital Corp.He has been a Director of White Gold Corp. since July 8, 2015. He served as a Director at POCML 2 Inc. since January 23, 2013. He served as a Director of POCML 3 Inc. since July 11, 2014. He served as a Director of Lithium Americas Corp., from July 6, 2009 to June 17, 2014. He served as a Director of POCML 1 Inc. since March 15, 2011. He served as a Director of Titan Uranium Inc., from January 11, 2008 to August 2009 and Colossus Minerals Inc. from January 23, 2007 to September 2008. He served as a corporate director to several publicly listed companies. He is a member of the Institute of Corporate Directors. Mr. D'Onofrio obtained Bachelor of Business Administration from The Schulich School of Business and holds a Masters of Taxation Degree from the University of Waterloo. He is a Chartered Professional Accountant.

CEO Compensation
  • Dave's compensation has increased whilst company is loss making.
  • Dave's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the White Gold management team in years:

1.4
Average Tenure
  • The average tenure for the White Gold management team is less than 2 years, this suggests a new team.
Management Team

Dave D’Onofrio

TITLE
President
COMPENSATION
CA$117K
AGE
41
TENURE
3.3 yrs

Shawn Ryan

TITLE
Chief Technical Advisor & Director
COMPENSATION
CA$45K

Jodie Gibson

TITLE
Vice President of Exploration
COMPENSATION
CA$92K
TENURE
1.4 yrs

Sylvester Tresierra

TITLE
Founder

Matthew Bajurny

TITLE
CFO & Secretary
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the White Gold board of directors in years:

3.3
Average Tenure
41.5
Average Age
  • The tenure for the White Gold board of directors is about average.
Board of Directors

Dave D’Onofrio

TITLE
President
COMPENSATION
CA$117K
AGE
41
TENURE
3.7 yrs

Shawn Ryan

TITLE
Chief Technical Advisor & Director
COMPENSATION
CA$45K
TENURE
2.3 yrs

Sylvester Tresierra

TITLE
Founder
TENURE
12.8 yrs

Maruf Raza

TITLE
Director
COMPENSATION
CA$11K
AGE
42
TENURE
3.3 yrs

Sean David Bromley

TITLE
Director
COMPENSATION
CA$6K
AGE
27
TENURE
3.3 yrs

Rob Carpenter

TITLE
Director
COMPENSATION
CA$49K
AGE
47
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
09. Nov 18 Buy Agnico Eagle Mines Limited Company 08. Nov 18 08. Nov 18 1,666,666 CA$1.50 CA$2,499,998
08. Nov 18 Buy David D’Onofrio Individual 08. Nov 18 08. Nov 18 25,000 CA$2.00 CA$50,000
08. Nov 18 Buy Robert Carpenter Individual 08. Nov 18 08. Nov 18 12,500 CA$2.00 CA$25,000
05. Sep 18 Buy Kinross Gold Corporation Company 05. Jul 18 05. Jul 18 2,105,263 CA$0.71 CA$1,494,736
09. Jul 18 Buy Sean David Bromley Individual 05. Jul 18 05. Jul 18 10,000 CA$0.95 CA$9,500
09. Jul 18 Buy David D’Onofrio Individual 05. Jul 18 05. Jul 18 50,000 CA$0.95 CA$47,500
29. Jun 18 Buy Robert Carpenter Individual 27. Jun 18 27. Jun 18 26,000 CA$0.95 CA$24,700
20. Apr 18 Buy David D’Onofrio Individual 20. Apr 18 20. Apr 18 49,000 CA$0.80 CA$39,425
13. Apr 18 Buy David Schmidt Individual 11. Apr 18 11. Apr 18 100,000 CA$0.90 CA$90,000
X
Management checks
We assess White Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. White Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WGO News

Simply Wall St News

Do Insiders Own Lots Of Shares In White Gold Corp. (CVE:WGO)?

The big shareholder groups in White Gold Corp. … With a market capitalization of CA$153m, White Gold is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Should You Be Holding White Gold Corp (CVE:WGO) Right Now?

Broadly speaking, there are two types of risk you should consider when investing in stocks such as WGO. … The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

WGO Company Info

Description

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 March 1, 2019, it owned a portfolio of 22,040 quartz claims across 35 properties covering approximately 439,000 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.

Details
Name: White Gold Corp.
WGO
Exchange: TSXV
Founded: 1987
CA$141,446,298
111,375,038
Website: http://www.whitegoldcorp.ca
Address: White Gold Corp.
82 Richmond Street East,
Toronto,
Ontario, M5C 1P1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV WGO Common Shares TSX Venture Exchange CA CAD 20. May 1998
OTCPK WHGO.F Common Shares Pink Sheets LLC US USD 20. May 1998
DB 29W Common Shares Deutsche Boerse AG DE EUR 20. May 1998
Number of employees
Current staff
Staff numbers
0
White Gold employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:01
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.