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INDICATIVE · SAMPLE DATA
WGO$1.7060

White Gold Corp.

GoldVerified

White Gold Corp. maintains a strong liquidity position with a current ratio of 52.8, indicating a significant buffer of current assets over current liabilities. The company's price-to-book ratio of 2.66 suggests that the market values the company at a premium to its book value, which is consistent with its exploration-stage profile and resource potential. However, the company's return on equity of -2.72% and return on assets of -2.44% indicate that it is not currently generating positive returns for shareholders or asset holders. The company's profitability is currently negative, with an operating loss of CAD 4.73 million and a net loss of CAD 3.85 million. This is in line with the typical performance of exploration-stage gold companies, which often report losses as they invest in exploration and development activities. The company's capital expenditures of CAD 3.81 million reflect ongoing investment in its projects, but the negative free cash flow of CAD 7.67 million indicates that the company is not yet generating sufficient cash from operations to fund these expenditures. White Gold Corp.'s revenue is not disclosed in the provided data, but the company's operations are concentrated in the Yukon, with its flagship White Gold project and several other properties located in the region. The company's geographic exposure is therefore heavily weighted towards the Yukon, which may present both opportunities and risks depending on local regulatory and economic conditions. The company's growth trajectory is not yet defined in terms of revenue, as it is in the exploration and development phase. However, the company's resource estimates, including 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources, suggest potential for future growth if the company is able to advance its projects to production. The company's outlook for the current fiscal year is not provided, but the negative operating and net income suggest that the company is not yet profitable. The company's risk assessment indicates low liquidity and dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.0 indicates that it is not currently leveraged, which reduces financial risk but also limits the potential for debt financing to fund growth. The company's dilution risk is also low, with no immediate pressure for share issuance. Recent events for White Gold Corp. include the disclosure of its financial snapshot and valuation metrics, which provide insight into the company's current financial position and market valuation. The company's analyst estimates suggest a positive outlook, with a mean price target of CAD 4.38 and a mean recommendation of 1.50, indicating a strong buy rating.

30-day price · WGO(missing data)
No daily-bar history available from current data sources. Alternate source pending.
Profile
CompanyWhite Gold Corp.
TickerWGO.V
SectorBasic Materials
BusinessMineral Resources
Industry groupMineral Resources
IndustryGold
AI analysis

Business. White Gold Corp. is a Canadian gold exploration company focused on the development of gold deposits in the Yukon, with a portfolio of 15,364 quartz claims covering approximately 300,000 hectares.

Classification. White Gold Corp. is classified under the Basic Materials economic sector, Mineral Resources business sector, and Gold industry, with a classification confidence of 0.92.

White Gold Corp. maintains a strong liquidity position with a current ratio of 52.8, indicating a significant buffer of current assets over current liabilities. The company's price-to-book ratio of 2.66 suggests that the market values the company at a premium to its book value, which is consistent with its exploration-stage profile and resource potential. However, the company's return on equity of -2.72% and return on assets of -2.44% indicate that it is not currently generating positive returns for shareholders or asset holders. The company's profitability is currently negative, with an operating loss of CAD 4.73 million and a net loss of CAD 3.85 million. This is in line with the typical performance of exploration-stage gold companies, which often report losses as they invest in exploration and development activities. The company's capital expenditures of CAD 3.81 million reflect ongoing investment in its projects, but the negative free cash flow of CAD 7.67 million indicates that the company is not yet generating sufficient cash from operations to fund these expenditures. White Gold Corp.'s revenue is not disclosed in the provided data, but the company's operations are concentrated in the Yukon, with its flagship White Gold project and several other properties located in the region. The company's geographic exposure is therefore heavily weighted towards the Yukon, which may present both opportunities and risks depending on local regulatory and economic conditions. The company's growth trajectory is not yet defined in terms of revenue, as it is in the exploration and development phase. However, the company's resource estimates, including 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources, suggest potential for future growth if the company is able to advance its projects to production. The company's outlook for the current fiscal year is not provided, but the negative operating and net income suggest that the company is not yet profitable. The company's risk assessment indicates low liquidity and dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.0 indicates that it is not currently leveraged, which reduces financial risk but also limits the potential for debt financing to fund growth. The company's dilution risk is also low, with no immediate pressure for share issuance. Recent events for White Gold Corp. include the disclosure of its financial snapshot and valuation metrics, which provide insight into the company's current financial position and market valuation. The company's analyst estimates suggest a positive outlook, with a mean price target of CAD 4.38 and a mean recommendation of 1.50, indicating a strong buy rating.
Key takeaways
  • White Gold Corp. is a Canadian gold exploration company with a significant land position in the Yukon.
  • The company's strong liquidity position is reflected in a current ratio of 52.8.
  • The company is not currently profitable, with negative operating and net income.
  • Analysts have a positive outlook on the company, with a mean price target of CAD 4.38 and a mean recommendation of 1.50.
  • # RATIONALES
  • {
  • "margin_outlook_rationale": "The company's margin outlook is not currently positive, as it is reporting negative operating and net income, which is typical for exploration-stage companies.",
  • "rd_outlook_rationale": "The company's research and development outlook is not explicitly provided, but the ongoing exploration activities suggest continued investment in resource discovery.",
Financial snapshot
PeriodHA-latest
CurrencyCAD
Revenue
Gross profit
Operating income-$4.7M
Net income-$3.9M
R&D
SG&A
D&A
SBC
Operating cash flow-$2.5M
CapEx-$3.8M
Free cash flow-$7.7M
Total assets$157.9M
Total liabilities$16.1M
Total equity$141.7M
Cash & equivalents$20.1M
Long-term debt$0.00
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$1.70
Market cap$376.6M
Enterprise value$356.5M
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B2.7
P/Tangible book2.7
Tangible book$141.7M
Net cash$20.1M
Current ratio52.8
Debt/Equity0.0
ROA-2.4%
ROE-2.7%
Cash conversion64.0%
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Mining · cohort 2 companies
MetricWGOActivity
Op margin-2.9% medp25 -34.7% · p75 15.6%
Net margin1.2% medp25 -11.7% · p75 11.1%
Gross margin1.9% medp25 1.9% · p75 1.9%
R&D / revenue0.5% medp25 0.4% · p75 0.5%
CapEx / revenue43.7% medp25 27.1% · p75 60.2%
Debt / equity0.0%33.0% medp25 16.8% · p75 40.0%bottom quartile
Observations
IR observations
Mean price target4.38 CAD
Median price target4.38 CAD
High price target4.50 CAD
Low price target4.25 CAD
Mean recommendation1.50 (1=strong buy, 5=strong sell)
Strong-buy count1.00
Buy count1.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate0.92 CAD
Mean revenue estimate892,000,000 CAD
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-04 18:00 UTC#66859ee1
Market quoteclose CAD 1.70 · shares 0.22B diluted
no public URL
2026-05-04 18:00 UTC#4c747d77
Source: analysis-pipeline (hybrid)Generated: 2026-05-04 18:02 UTCJob: 7824877c