GoGold Resources (TSE:GGD) Trading Up 0.4% – Here’s What Happened

by · The Cerbat Gem

GoGold Resources Inc. (TSE:GGD – Get Free Report)’s share price rose 0.4% on Thursday . The company traded as high as C$2.45 and last traded at C$2.42. Approximately 748,007 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 929,375 shares. The stock had previously closed at C$2.41.

GoGold Resources Stock Performance

The firm’s 50-day moving average is C$2.59 and its two-hundred day moving average is C$2.33. The stock has a market cap of C$916.05 million, a P/E ratio of 69.14 and a beta of 1.21.

Insider Buying and Selling at GoGold Resources

In other news, insider Glenn Jessome sold 55,000 shares of the business’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of C$2.60, for a total transaction of C$143,000.00. Following the completion of the sale, the insider owned 773,105 shares in the company, valued at C$2,010,073. The trade was a 6.64% decrease in their ownership of the stock. Insiders sold a total of 748,000 shares of company stock worth $1,974,414 in the last ninety days. Insiders own 6.41% of the company’s stock.

About GoGold Resources

(Get Free Report)

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.

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