GoGold Resources (TSE:GGD) Shares Up 1.5% – What’s Next?

GoGold Resources Inc. (TSE:GGD)’s share price rose 1.5% during mid-day trading on Monday. The company traded as high as C$3.50 and last traded at C$3.47. 971,705 shares were traded during trading, a decline of 45% from the average session volume of 1,754,294 shares. The stock had previously closed at C$3.42.

GoGold Resources Stock Up 1.5%

The stock has a market capitalization of C$1.50 billion, a PE ratio of 31.55 and a beta of 2.07. The firm’s fifty day moving average is C$4.10 and its 200-day moving average is C$3.38. The company has a quick ratio of 8.30, a current ratio of 5.83 and a debt-to-equity ratio of 0.20.

GoGold Resources (TSE:GGD) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.04 EPS for the quarter. GoGold Resources had a net margin of 49.86% and a return on equity of 11.73%. The firm had revenue of C$39.44 million during the quarter. On average, equities research analysts predict that GoGold Resources Inc. will post 0.03 earnings per share for the current year.

GoGold Resources Company Profile

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.