Short Interest in White Gold Corp. (OTCMKTS:WHGOF) Declines By 63.3%

White Gold Corp. (OTCMKTS:WHGOF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 15,200 shares, a decline of 63.3% from the January 15th total of 41,400 shares. Based on an average trading volume of 98,500 shares, the days-to-cover ratio is presently 0.2 days.

White Gold Stock Performance

OTCMKTS WHGOF opened at $0.16 on Thursday. The stock’s 50 day simple moving average is $0.15 and its 200 day simple moving average is $0.17. White Gold has a one year low of $0.11 and a one 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.