GoGold Resources (TSE:GGD) Stock Price Down 4.7% – Time to Sell?

GoGold Resources Inc. (TSE:GGD) shares fell 4.7% on Tuesday . The company traded as low as C$2.96 and last traded at C$3.03. 1,829,071 shares changed hands during trading, a decline of 26% from the average session volume of 2,459,594 shares. The stock had previously closed at C$3.18.

GoGold Resources Price Performance

The business’s 50 day simple moving average is C$3.16 and its 200-day simple moving average is C$2.75. The stock has a market capitalization of C$1.31 billion, a P/E ratio of 37.41 and a beta of 1.37.

GoGold Resources (TSE:GGD) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$0.05 EPS for the quarter. The business had revenue of C$42.69 million during the quarter. GoGold Resources had a return on equity of 0.60% and a net margin of 4.64%. Research analysts anticipate that GoGold Resources Inc. will post 0.0349744 earnings per share for the current fiscal year.

About GoGold Resources

GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration and development projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects.