White Gold Corp. (TSE:WGO)
:WGO
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White Gold
(WGO)
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Select Model
Rating:56Neutral
Price Target:
C$1.50
▲(8.70% Upside)
Action:ReiteratedDate:01/23/26
The score is driven primarily by solid solvency (no debt and strong equity) but offset by continued pre-revenue losses and cash burn. Technicals add support due to a strong uptrend, though overbought momentum raises near-term risk. Valuation is constrained by negative earnings (negative P/E) and no dividend support.
Positive Factors
Balance sheet strength
Zero reported debt and a large equity base provide durable solvency and low financial leverage. That balance-sheet strength supports multi-year exploration programs, enhances negotiating power for JV/asset deals, and reduces default risk versus debt-funded peers.
Negative Factors
Persistent cash burn
Sustained negative operating and free cash flow indicate ongoing cash consumption from exploration. Over months this requires repeated financing or asset sales, which can delay project timelines, constrain program scale, and increase shareholder dilution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Zero reported debt and a large equity base provide durable solvency and low financial leverage. That balance-sheet strength supports multi-year exploration programs, enhances negotiating power for JV/asset deals, and reduces default risk versus debt-funded peers.
Read all positive factors
White Gold (WGO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$343.23M
Dividend YieldN/A
Average Volume (3M)719.06K
Price to Earnings (P/E)―
Beta (1Y)3.13
Revenue GrowthN/A
EPS Growth-40.00%
CountryCA
Employees8
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding221,435,700
10 Day Avg. Volume437,418
30 Day Avg. Volume719,063
Financial Highlights & Ratios
PEG Ratio-4.35
Price to Book (P/B)0.32
Price to Sales (P/S)0.00
P/FCF Ratio-28.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.50Price Target Upside226.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
White Gold Business Overview & Revenue Model
Company Description
White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon. It owns a portfolio of ...
How the Company Makes Money
White Gold generates revenue primarily through the exploration and eventual extraction and sale of gold resources. The company's revenue model is centered around identifying lucrative gold deposits, developing mining operations, and selling the ex...
White Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -94.34K | -2.20K | -133.25K | -4.49K | -6.41K | -9.15K |
| EBITDA | -2.74M | -2.41M | -2.06M | -472.01K | -3.20M | -3.82M |
| Net Income | -2.48M | -2.51M | -2.22M | -1.10M | -1.21M | -6.61M |
Balance Sheet | ||||||
| Total Assets | 137.81M | 137.98M | 134.49M | 131.14M | 127.60M | 117.23M |
| Cash, Cash Equivalents and Short-Term Investments | 699.64K | 4.38M | 4.93M | 6.13M | 9.65M | 4.05M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 16.34M | 15.17M | 14.26M | 13.90M | 13.96M | 14.99M |
| Stockholders Equity | 121.48M | 122.82M | 120.23M | 117.25M | 113.64M | 102.24M |
Cash Flow | ||||||
| Free Cash Flow | -5.02M | -1.41M | -6.28M | -7.91M | -7.77M | -7.26M |
| Operating Cash Flow | -2.40M | -1.41M | -1.73M | -1.04M | -3.11M | -2.74M |
| Investing Cash Flow | -3.01M | -4.02M | -4.55M | -6.86M | -4.66M | -4.51M |
| Financing Cash Flow | 5.27M | 4.87M | 5.08M | 4.39M | 13.36M | 6.52M |
White Gold Technical Analysis
Positive
1.38
Price Trends
1.72
Negative
1.43
Positive
1.04
Positive
Market Momentum
-0.07
Positive
44.82
Neutral
76.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WGO, the sentiment is Positive. The current price of 1.38 is below the 20-day moving average (MA) of 1.65, below the 50-day MA of 1.72, and above the 200-day MA of 1.04, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 76.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WGO.
White Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$343.23M | -77.48 | -2.03% | ― | ― | -40.00% | |
50 Neutral | C$39.35M | -5.31 | -74.08% | ― | ― | 42.48% | |
49 Neutral | C$173.39M | -18.94 | -5.92% | ― | ― | -7.14% | |
48 Neutral | C$50.77M | -29.03 | -2.95% | ― | ― | -34.21% | |
| ― | C$84.38M | -10.54 | -59.35% | ― | ― | -652.38% | |
45 Neutral | C$93.77M | -44.82 | -3.17% | ― | ― | 36.67% |
* Basic Materials Sector Average
TSE:WGO
White Gold
1.55
1.34
638.10%
TSE:BTR
BonTerra Resources
0.19
-0.02
-7.50%
TSE:KG
Klondike Gold
0.20
0.12
135.29%
TSE:NCAU
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0.61
0.08
15.09%
TSE:YARR
Sokoman Minerals Corp
0.22
0.17
377.78%
TSE:YGT
Gold Terra Resource
0.20
0.15
263.64%
White Gold Corporate Events
Business Operations and Strategy
White Gold Corp. Unveils Promising Porphyry Targets at Bridget Site
Positive
Dec 16, 2025
White Gold Corp. has identified multiple copper and multi-element porphyry-style targets at the Bridget Target on its Pedlar Property in Yukon, Canada. The 2025 geophysical surveys revealed large-scale anomalies, suggesting potential for concealed...
Business Operations and Strategy
White Gold Corp. Embraces Federal Support for Yukon’s Resource Development
Positive
Nov 19, 2025
White Gold Corp. welcomes the Canadian government’s announcement of nation-building projects under Budget 2025, which includes infrastructure, clean energy, and resource-corridor development. The federal commitment highlights the strategic i...
Business Operations and Strategy
White Gold Corp. Reports High-Grade Gold Finds at Golden Saddle
Positive
Nov 4, 2025
White Gold Corp. announced promising assay results from its 2025 diamond drilling program at the Golden Saddle deposit, part of its White Gold Property in Yukon. The results revealed high-grade gold mineralization, including a significant intersec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.