White Gold expands Yukon gold zone: White Gold stock sits 65.08 percent below C$2.95 target

Published on 10/15/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

White Gold stock costs EUR 1.03 on October 15, 2026. Second-quarter revenue was CAD 0.00 and net loss was CAD 1.65 million.

Yukon drilling and financial context

White Gold reported drilling intersections of 8.69 grams per tonne over 12.3 meters on October 15, 2026.
Second-quarter 2026 revenue was CAD 0.00 and net loss was CAD 1.65 million.
White Gold stock was trading at EUR 1.03 at 1:05 p.m. CEST at Lang & Schwarz on October 15, 2026.
The latest analyst target implied 186.41 percent upside from a CAD 1.03 reference price.

WBA, CA9638101068, Illustration mit AI erstellt.

White Gold (ISIN CA9638101068) was trading at EUR 1.03 at Lang & Schwarz on October 15, 2026, at 1:05 p.m. CEST. On October 15, 2026, Simply Wall St reported that the company expanded high-grade mineralization at the Ryan's Surprise target, including 8.69 grams per tonne of gold over 12.3 meters and 17.4 grams per tonne over 3.47 meters.

Why the Yukon study matters

The drilling update adds exploration evidence to a larger development case. The Globe and Mail reported on September 25, 2026, that the preliminary economic assessment for the White Gold Project outlined a 12,000-tonne-per-day open-pit operation with a 9.4-year mine life and average production of 188,000 ounces annually.

The same assessment put after-tax net present value at CAD 1.86 billion, internal rate of return at 41 percent and payback at 1.50 years, using a gold price assumption of USD 3,600 per ounce. Those figures are project economics rather than operating results, so execution and financing remain central to the investment case.

What does the second quarter show?

The latest reported quarter remained pre-revenue. Investing.com listed second-quarter 2026 revenue at CAD 0.00 and earnings per share at minus CAD 0.01 on September 1, 2026. The finance statements put net loss at CAD 1.65 million for the quarter ended June 30, 2026, while operating cash flow was CAD 658,372.

Three dated company milestones

The recent chronology has three measurable steps. On August 10, 2026, White Gold announced a preliminary economic assessment with after-tax net present value of CAD 1.90 billion and a 38 percent internal rate of return, according to Wedbush. On September 25, 2026, the company filed the updated study with CAD 1.86 billion of after-tax net present value. On October 15, 2026, it reported the Ryan's Surprise drilling results with gold grades of 8.69 and 17.40 grams per tonne.

Analyst target and reporting dates

Simply Wall St listed one analyst target of CAD 2.95, up from CAD 2.55, against a CAD 1.03 reference price. That implies 186.41 percent upside to the target, or a stock price 65.08 percent below it. The company describes itself as a Canadian gold exploration company focused on a land package covering more than 350,000 hectares in Yukon, according to its White Gold Corp investor page.

Stock remains tied to exploration

The central tension is clear: the project study carries large modeled economics, while the second-quarter statements show no revenue and a CAD 1.65 million net loss. For investors, the October drilling results provide a fresh operational data point, but the valuation still depends on converting exploration success into a financeable development plan.

Lang & Schwarz price snapshot

White Gold was trading at EUR 1.03 at Lang & Schwarz on October 15, 2026, at 1:05 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of White Gold stock.