GoGold Resources Inc. (TSE:GGD – Get Free Report)’s share price rose 4.5% during trading on Tuesday . The company traded as high as C$1.38 and last traded at C$1.38. Approximately 469,335 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 651,673 shares. The stock had previously closed at C$1.32.
GoGold Resources Stock Performance
The stock has a market cap of C$451.46 million, a PE ratio of -137.00 and a beta of 1.50. The firm’s 50-day moving average is C$1.23 and its 200 day moving average is C$1.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 8.30 and a current ratio of 7.80.
About GoGold Resources
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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