GoGold Resources (TSE:GGD) Reaches New 12-Month High – Still a Buy?
by Jessica Moore · The Cerbat GemGoGold Resources Inc. (TSE:GGD – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$3.13 and last traded at C$3.12, with a volume of 991040 shares. The stock had previously closed at C$2.97.
GoGold Resources Stock Performance
The company has a market cap of C$1.34 billion, a PE ratio of 64.58 and a beta of 1.24. The company has a 50 day simple moving average of C$2.67 and a two-hundred day simple moving average of C$2.49.
GoGold Resources (TSE:GGD – Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$26.93 million during the quarter. GoGold Resources had a net margin of 4.64% and a return on equity of 0.60%. As a group, analysts expect that GoGold Resources Inc. will post 0.0349744 earnings per share for the current fiscal year.
About GoGold Resources
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.