GoGold Resources (OTCMKTS:GLGDF) Stock Price Breaks Above 200-Day Moving Average – Here’s What Happened

GoGold Resources Inc. (OTCMKTS:GLGDF – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $2.44 and traded as high as $2.5265. GoGold Resources shares last traded at $2.5130, with a volume of 411,336 shares traded.

GoGold Resources Stock Up 9.7%

The company’s fifty day simple moving average is $2.86 and its 200 day simple moving average is $2.44.

GoGold Resources Company Profile

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GoGold Resources Inc is a Canadian mining and exploration company focused on the acquisition, development and operation of precious-metals projects. The company’s activities are concentrated in Mexico, where it evaluates and advances properties containing silver and gold.

GoGold’s principal assets include the Los Ricos district in the state of Jalisco and the Parral tailings project in Chihuahua. Los Ricos comprises the Los Ricos North and Los Ricos South areas, which are being explored and developed for their silver and gold resources.

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