GoGold Resources Inc. (TSE:GGD - Get Free Report)'s share price rose 7.3% on Wednesday . The company traded as high as C$1.47 and last traded at C$1.47. Approximately 118,733 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 548,117 shares. The stock had previously closed at C$1.37.
GoGold Resources Price Performance
The company has a current ratio of 7.80, a quick ratio of 8.30 and a debt-to-equity ratio of 0.28. The company has a market capitalization of C$464.64 million, a PE ratio of -141.00 and a beta of 1.50. The stock's 50-day moving average is C$1.24 and its two-hundred day moving average is C$1.32.
GoGold Resources Company Profile
(
Get Free Report)
GoGold Resources Inc engages in the exploration, development, and production of gold and silver in Mexico. The company holds 100 % interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico. It also holds 100% interest in the Los Ricos properties, which includes Los Ricos South and Los Ricos North projects, that covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider GoGold Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GoGold Resources wasn't on the list.
While GoGold Resources currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
