GoGold Resources (TSE:GGD) Hits New 52-Week High – Here’s What Happened

GoGold Resources Inc. (TSE:GGD) shares reached a new 52-week high on Tuesday . The stock traded as high as C$3.13 and last traded at C$3.12, with a volume of 991040 shares traded. The stock had previously closed at C$2.97.

GoGold Resources Trading Down 2.3%

The stock has a market capitalization of C$1.29 billion, a P/E ratio of 62.29 and a beta of 1.24. The firm’s fifty day moving average is C$2.69 and its 200-day moving average is C$2.50.

GoGold Resources (TSE:GGD) last issued its quarterly earnings data 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. Equities research analysts expect that GoGold Resources Inc. will post 0.0349744 EPS for the current year.

About GoGold Resources

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.