GoGold Resources (OTCMKTS:GLGDF) Stock Price Up 7.4% – Should You Buy?

Shares of GoGold Resources Inc. (OTCMKTS:GLGDFGet Free Report) traded up 7.4% on Tuesday . The company traded as high as $1.23 and last traded at $1.21. 295,423 shares traded hands during mid-day trading, an increase of 115% from the average session volume of 137,566 shares. The stock had previously closed at $1.13.

GoGold Resources Price Performance

The company has a 50-day simple moving average of $1.03 and a two-hundred day simple moving average of $0.97.

GoGold Resources Company Profile

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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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