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GoGold Resources (TSE:GGD) Trading Down 4.5% - Time to Sell?

GoGold Resources logo with Basic Materials background

GoGold Resources Inc. (TSE:GGD - Get Free Report) shares fell 4.5% during trading on Tuesday . The company traded as low as C$1.70 and last traded at C$1.70. 265,044 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 763,710 shares. The stock had previously closed at C$1.78.

GoGold Resources Stock Down 5.6 %

The stock has a 50-day simple moving average of C$1.69 and a two-hundred day simple moving average of C$1.47. The firm has a market cap of C$390.93 million, a PE ratio of 168.57 and a beta of 1.50.

Insider Buying and Selling

In other GoGold Resources news, Director John Stephen Morris Turner purchased 15,000 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of C$1.70 per share, for a total transaction of C$25,486.50. 6.41% of the stock is currently owned by corporate insiders.

GoGold Resources Company Profile

(Get Free Report)

GoGold Resources Inc is a Canadian-based company engaged in the business of exploration, development, and production of gold and silver. It operates in two segments: Mexico, which accounts for the majority of revenue; and Canada. Its Mexico segment consists of the Parral project and the Los Ricos project.

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