White Gold Corp. (OTCMKTS:WHGOF) Sees Large Growth in Short Interest

White Gold Corp. (OTCMKTS:WHGOF) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 28,400 shares, a growth of 711.4% from the March 15th total of 3,500 shares. Based on an average daily volume of 104,000 shares, the days-to-cover ratio is presently 0.3 days.

White Gold Trading Up 9.6 %

Shares of OTCMKTS WHGOF traded up $0.02 during midday trading on Monday, reaching $0.18. The company had a trading volume of 159,678 shares, compared to its average volume of 45,583. The business’s 50-day simple moving average is $0.15 and its 200 day simple moving average is $0.16. White Gold has a 1 year low of $0.11 and a 1 year high of $0.32.

About White Gold

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.