GoGold Resources (GLGDF) Expected to Announce Earnings on Wednesday

GoGold Resources (OTCMKTS:GLGDF) is expected to be issuing its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $35.00 million for the quarter.

GoGold Resources Stock Performance

OTCMKTS:GLGDF opened at $2.07 on Wednesday. The company’s 50-day simple moving average is $2.28 and its 200-day simple moving average is $2.26. GoGold Resources has a fifty-two week low of $1.42 and a fifty-two week high of $3.04.

Analysts Set New Price Targets

Separately, BMO Capital Markets restated an “outperform” rating on shares of GoGold Resources in a report on Tuesday, June 9th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

About GoGold Resources

GoGold Resources Inc is a Canada-based junior precious metals company focused on the exploration, development and production of gold and silver projects in Mexico. The company’s flagship asset is the Parral Tailings project in the state of Chihuahua, where it processes historical mill tailings through a custom-designed carbon-in-pulp (CIP) plant. GoGold also holds the extensive Los Ricos project in Jalisco, featuring both North and South zones with high-grade veins and bulk-tonnage targets, which it continues to advance through systematic drilling and resource definition programs.

Founded in 2007 and publicly listed on the OTC Markets under the symbol GLGDF (and on the Toronto Stock Exchange Venture under GGD), GoGold Resources has built its portfolio by acquiring under-explored or overlooked deposits and applying modern exploration techniques.