GoGold Resources (TSE:GGD) Hits New 1-Year High – Here’s Why

GoGold Resources Inc. (TSE:GGDGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$3.48 and last traded at C$3.37, with a volume of 371874 shares traded. The stock had previously closed at C$3.32.

GoGold Resources Trading Up 0.9%

The company has a 50-day moving average of C$2.80 and a 200-day moving average of C$2.56. The company has a market capitalization of C$1.45 billion, a price-to-earnings ratio of 69.79 and a beta of 1.24.

GoGold Resources (TSE:GGDGet Free Report) last released its earnings results on Thursday, December 11th. The company reported C$0.03 EPS for the quarter. The firm had revenue of C$26.93 million during the quarter. GoGold Resources had a return on equity of 0.60% and a net margin of 4.64%. On average, research analysts expect that GoGold Resources Inc. will post 0.0349744 EPS for the current year.

About GoGold Resources

(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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