GoGold Resources (TSE:GGD) Hits New 1-Year High – Should You Buy?
by Mitch Edgeman · The Markets DailyGoGold Resources Inc. (TSE:GGD – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as C$3.26 and last traded at C$3.21, with a volume of 458778 shares changing hands. The stock had previously closed at C$3.05.
GoGold Resources Stock Up 5.6%
The company has a market capitalization of C$1.39 billion, a PE ratio of 67.08 and a beta of 1.24. The stock’s fifty day moving average price is C$2.71 and its two-hundred day moving average price is C$2.51.
GoGold Resources (TSE:GGD – Get Free Report) last announced its earnings results on Thursday, December 11th. The company reported C$0.03 earnings per share for the quarter. GoGold Resources had a net margin of 4.64% and a return on equity of 0.60%. The firm had revenue of C$26.93 million for the quarter. On average, equities research analysts forecast that GoGold Resources Inc. will post 0.0349744 EPS for the current year.
GoGold Resources Company Profile
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.