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White Gold (WGO) AI Stock Analysis
White Gold
(TSXV:WGO)
The score is held down primarily by weak financial performance (pre-revenue, widening losses, and ongoing cash burn), with additional pressure from bearish technicals (price below key moving averages and negative MACD). Valuation provides limited support because negative earnings make the P/E less informative and no dividend yield is available.
White Gold (WGO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 236.34M
- Dividend Yield
- ―
- Average Volume (3M)
- 406.83K
- Price to Earnings (P/E)
- -55.7
- Beta (1Y)
- 3.29
- Revenue Growth
- ―
- EPS Growth
- -101.53%
- Country
- Canada
- Employees
- 8
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
White Gold Business Overview & Revenue Model
Company Description
White Gold Corp. is a Canadian enterprise dedicated to the acquisition, exploration, and development of mineral properties. Its primary undertaking is the Golden Saddle and Arc deposits, which are part of the White Gold property situated near Dawson...
How the Company Makes Money
White Gold Corp. does not have publicly available information indicating recurring operating revenue from producing mines. Instead, it is primarily funded through capital markets financing and related corporate transactions typical of exploration-sta...
White Gold Financial Statement Overview
Summary
Operating fundamentals are weak: the company reports zero revenue with consistently negative profitability and widening losses in the latest TTM (net income about -$5.8M vs. roughly -$3.9M in 2025). Cash flow is also negative across periods with persistent free-cash burn (TTM free cash flow roughly -$4.2M). The key offset is a strong leverage position (zero reported debt) and a sizable equity base (~$139.7M in TTM), which reduces near-term balance sheet stress but does not solve ongoing funding/execution risk.
Income Statement
12Very NegativeBalance Sheet
62PositiveCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -61.36K | -123.09K | -2,198 | -133.25K | -4,485 | -6,408 |
| EBITDA | -5.70M | -4.64M | -2.41M | -2.06M | -472.01K | -3.20M |
| Net Income | -5.77M | -3.85M | -2.51M | -2.22M | -1.10M | -1.21M |
Balance Sheet | ||||||
| Total Assets | 159.45M | 157.86M | 137.98M | 134.49M | 131.14M | 127.60M |
| Cash, Cash Equivalents and Short-Term Investments | 16.66M | 20.14M | 4.38M | 4.93M | 6.13M | 9.65M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 19.76M | 16.12M | 15.17M | 14.26M | 13.90M | 13.96M |
| Stockholders Equity | 139.69M | 141.73M | 122.82M | 120.23M | 117.25M | 113.64M |
Cash Flow | ||||||
| Free Cash Flow | -4.20M | -6.28M | -1.41M | -6.28M | -7.91M | -7.77M |
| Operating Cash Flow | -994.58K | -2.47M | -1.41M | -1.73M | -1.04M | -3.11M |
| Investing Cash Flow | -7.66M | -3.81M | -4.02M | -4.55M | -6.86M | -4.66M |
| Financing Cash Flow | 22.91M | 22.05M | 4.87M | 5.08M | 4.39M | 13.36M |
White Gold Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WGO, the sentiment is Negative. The current price of 1.47 is below the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.91, and below the 200-day MA of 1.81, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 37.95 is Neutral, neither overbought nor oversold. The STOCH value of 67.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WGO.
White Gold Peers Comparison
Overall Rating
TSE:BTR46.9Neutral- TSE:WGO45Neutral
TSE:NCAU43Neutral
TSE:YGT42Neutral
TSE:KG38Underperform
TSE:YARR34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:BTR | 47Neutral | CAD 45.94M | -1.09 | 4706.10% | ― | ― | -131.06% |
| TSE:WGO | 45Neutral | CAD 331.51M | -55.68 | -4.25% | ― | ― | -101.53% |
| TSE:NCAU | 43Neutral | CAD 85.99M | -9.45 | -10.51% | ― | ― | -108.87% |
| TSE:YGT | 42Neutral | CAD 84.97M | -45.83 | -2.97% | ― | ― | 0.00% |
| TSE:KG | 38Underperform | CAD 44.50M | -55.17 | -2.63% | ― | ― | 22.92% |
| TSE:YARR | 34Underperform | CAD 71.14M | -15.99 | -59.35% | ― | ― | -264.04% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:WGO | White Gold Corp | 1.47 | 0.56 | 61.54% | |
| TSE:BTR | Bonterra Resources | 0.12 | -0.05 | -31.43% | |
| TSE:KG | Klondike Gold | 0.16 | 0.06 | 60.00% | |
| TSE:NCAU | Newcore Gold Ltd. | 0.28 | -0.38 | -58.02% | |
| TSE:YARR | Sokoman Minerals Corp | 0.14 | -0.05 | -28.21% | |
| TSE:YGT | Gold Terra Resource Corp. | 0.17 | 0.06 | 50.00% |
White Gold Corporate Events
White Gold Corp. Files High-Return PEA for Yukon Flagship Project
PositiveWhite Gold Corp. has filed a maiden Preliminary Economic Assessment for its flagship White Gold Project in the Yukon, outlining a technically straightforward, 12,000 tonne per day open pit mine. The study envisions a 9.4-year operation producing an a...
White Gold Secures Court Approval for Critical Minerals Spin-Out and Lifts Financing to $10 Million
PositiveWhite Gold Corp. has secured a final court order for the spin-out of its Yukon critical mineral assets into W2 Critical Minerals, with the transaction now awaiting remaining regulatory approvals and tied to a $10 million upsized private placement. Th...
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.
Date of analysis: Oct 21, 2026