GoGold Resources Inc. (TSE:GGD – Get Free Report) shot up 3.2% during trading on Tuesday . The stock traded as high as C$1.32 and last traded at C$1.30. 374,441 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 607,035 shares. The stock had previously closed at C$1.26.
GoGold Resources Stock Up 3.2 %
The company has a market capitalization of C$428.39 million, a P/E ratio of -130.00 and a beta of 1.50. The company has a current ratio of 7.80, a quick ratio of 8.30 and a debt-to-equity ratio of 0.28. The stock’s fifty day moving average is C$1.42 and its 200 day moving average is C$1.39.
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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