GoGold Resources (GLGDF) Projected to Post Quarterly Earnings on Wednesday

GoGold Resources (OTCMKTS:GLGDF) is projected to issue its resultson Wednesday, August 5th. Analysts expect GoGold Resources to post earnings of $0.03 per share and revenue of $35.00 million for the quarter.

GoGold Resources Trading Down 2.8%

Shares of OTCMKTS:GLGDF opened at $2.07 on Wednesday. GoGold Resources has a 12 month low of $1.42 and a 12 month high of $3.04. The firm’s 50-day moving average is $2.28 and its 200 day moving average is $2.26.

Analyst Ratings Changes

Separately, BMO Capital Markets reissued an “outperform” rating on shares of GoGold Resources in a research note on Tuesday, June 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About GoGold Resources

GoGold Resources Inc is a Canada-based junior precious metals company focused on the exploration, development and production of gold and silver projects in Mexico. The company’s flagship asset is the Parral Tailings project in the state of Chihuahua, where it processes historical mill tailings through a custom-designed carbon-in-pulp (CIP) plant. GoGold also holds the extensive Los Ricos project in Jalisco, featuring both North and South zones with high-grade veins and bulk-tonnage targets, which it continues to advance through systematic drilling and resource definition programs.

Founded in 2007 and publicly listed on the OTC Markets under the symbol GLGDF (and on the Toronto Stock Exchange Venture under GGD), GoGold Resources has built its portfolio by acquiring under-explored or overlooked deposits and applying modern exploration techniques.