GoGold Resources (TSE:GGD) Reaches New 52-Week High – What’s Next?

GoGold Resources Inc. (TSE:GGD) reached a new 52-week high during trading on Monday . The company traded as high as C$3.48 and last traded at C$3.37, with a volume of 371874 shares traded. The stock had previously closed at C$3.32.

GoGold Resources Stock Performance

The stock has a market cap of C$1.46 billion, a P/E ratio of 70.42 and a beta of 1.24. The company has a 50-day simple moving average of C$2.82 and a 200-day simple moving average of C$2.57.

GoGold Resources (TSE:GGD) last announced its earnings results on Thursday, December 11th. The company reported C$0.03 earnings per share for the quarter. The company had revenue of C$26.93 million during the quarter. GoGold Resources had a return on equity of 0.60% and a net margin of 4.64%. As a group, sell-side analysts expect that GoGold Resources Inc. will post 0.0349744 earnings per share for the current fiscal year.

GoGold Resources Company Profile

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.