TSX-V

White Gold Corp.

WGO.V•Basic Materials•Gold
Current Price
$1.41
Today's Change
+1.81%
Market Cap
$307.68M
Volume
124.25K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

White Gold Corp. focuses on acquiring, exploring, and developing mineral properties in Canada, primarily targeting gold and other precious metals. A key strength is its solid liquidity, evidenced by a current ratio of 3.27 and zero debt, indicating strong financial stability. However, the negative return on equity and assets (both at -0.5%) raise concerns about profitability and operational efficiency. Overall, while the company is well-positioned financially, it must improve its earnings performance to enhance shareholder value.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$2.50
52 Week Low$0.85
Avg Volume386.10K
Beta2.25
Shares Outstanding222.96M

🔥 Valuation

Market Cap$307.68M
Enterprise Value$323.87M
P/E Ratio-53.32
EV/EBITDA ⚠️-75.12x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-2.5M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $2.3M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 3.3x ensures operational stability.

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