Gogold Resources (TSE:GGD) Reaches New 52-Week High at $0.56

Shares of Gogold Resources Inc. (TSE:GGD) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.56 and last traded at C$0.56, with a volume of 463507 shares. The stock had previously closed at C$0.52.

Separately, HC Wainwright decreased their price target on shares of Gogold Resources from C$0.90 to C$0.80 in a research note on Thursday, July 11th.

The firm has a 50 day moving average of C$0.44. The company has a market cap of $89.39 million and a P/E ratio of -2.20.

Gogold Resources Company Profile (TSE:GGD)

GoGold Resources Inc engages in the exploration, development, and production of mineral properties in Mexico. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico.

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