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GoGold Resources (TSE:GGD) Shares Up 0.6% - Here's What Happened

GoGold Resources logo with Basic Materials background

Shares of GoGold Resources Inc. (TSE:GGD - Get Free Report) rose 0.6% during mid-day trading on Wednesday . The stock traded as high as C$1.61 and last traded at C$1.59. Approximately 294,104 shares traded hands during trading, a decline of 57% from the average daily volume of 682,974 shares. The stock had previously closed at C$1.58.

GoGold Resources Price Performance

The company's 50-day simple moving average is C$1.35 and its 200-day simple moving average is C$1.33. The stock has a market capitalization of C$351.37 million, a price-to-earnings ratio of 151.51 and a beta of 1.50.

About GoGold Resources

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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.

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