GoGold Resources (GGD) Stock Price, News & Analysis

Company Overview

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. The company was incorporated in 2008 and is headquartered in Halifax, Canada.

Key Stats

• Today's Range: C$1.04 to C$1.14
• 50-Day Range: C$1.07 to C$1.77
• 52-Week Range: C$0.94 to C$1.83
• Volume: 1.08 million shs
• Average Volume: 615,966 shs
• Market Capitalization: C$362.48 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$3.18
• Consensus Rating: Buy

GoGold Resources Stock Analysis - MarketRank™

GoGold Resources scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

GoGold Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

GoGold Resources has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of GoGold Resources is -110.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GoGold Resources is -110.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

GoGold Resources has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GGD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GoGold Resources does not currently pay a dividend.

Dividend Growth

GoGold Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GGD.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.46

News Sentiment

GoGold Resources has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for GoGold Resources this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, GoGold Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.41% of the stock of GoGold Resources is held by insiders.

Percentage Held by Institutions

Only 28.90% of the stock of GoGold Resources is held by institutions.

GGD Stock Analysis - Frequently Asked Questions

How have GGD shares performed this year?

GoGold Resources' stock was trading at C$1.35 at the start of the year. Since then, GGD stock has decreased by 18.5% and is now trading at C$1.10.
View the best growth stocks for 2024 here.

How do I buy shares of GoGold Resources?

Shares of GGD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of GoGold Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GoGold Resources investors own include Whitecap Resources (WCP), Suncor Energy (SU), Barrick Gold (ABX), Advanced Micro Devices (AMD), Cenovus Energy (CVE), Intel (INTC) and Nutrien (NTR).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Precious Metals & Mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: TSE:GGD
• CUSIP: N/A
• CIK: N/A
• Web: www.gogoldresources.com
• Phone: +1-902-4821998
• Fax: N/A
• Employees: 204
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.18
• High Stock Price Target: C$3.85
• Low Stock Price Target: C$2.50
• Potential Upside/Downside: +188.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 31.45
• P/E Growth: N/A
• Net Income: C$-3,430,000.00
• Net Margins: -10.80%
• Pretax Margin: N/A
• Return on Equity: -1.21%
• Return on Assets: 0.04%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 7.80
• Quick Ratio: 8.30

Sales & Book Value

• Annual Sales: C$31.79 million
• Price / Sales: 11.40
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 7.52
• Book Value: C$0.86 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 329,530,000
• Free Float: N/A
• Market Cap: C$362.48 million
• Optionable: Not Optionable
• Beta: 1.50