GoGold Resources (TSE:GGD) Trading Down 2.7% – Here’s What Happened

GoGold Resources Inc. (TSE:GGDGet Free Report) traded down 2.7% on Tuesday . The company traded as low as C$1.09 and last traded at C$1.09. 380,413 shares were traded during mid-day trading, a decline of 38% from the average session volume of 614,567 shares. The stock had previously closed at C$1.12.

GoGold Resources Price Performance

The company has a fifty day moving average of C$1.35 and a 200-day moving average of C$1.34. 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 has a market cap of C$359.19 million, a PE ratio of -109.00 and a beta of 1.50.

About GoGold Resources

(Get Free Report)

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.

Further Reading

Receive News & Ratings for GoGold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoGold Resources and related companies with MarketBeat.com's FREE daily email newsletter.