White Gold Corp. (OTCMKTS:WHGOF) Sees Significant Drop in Short Interest

White Gold Corp. (OTCMKTS:WHGOF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 3,500 shares, a drop of 84.8% from the February 28th total of 23,000 shares. Based on an average daily trading volume, of 51,700 shares, the days-to-cover ratio is currently 0.1 days.

White Gold Stock Performance

Shares of OTCMKTS WHGOF opened at $0.15 on Thursday. White Gold has a 52-week low of $0.11 and a 52-week high of $0.32. The firm has a 50 day moving average price of $0.15 and a two-hundred day moving average price of $0.16.

White Gold Company Profile

White Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, molybdenum, and silver deposits. Its flagship project is the Golden Saddle and Arc deposits in the White Gold property located in Dawson City, Yukon.