Glenn Jessome Sells 185,600 Shares of GoGold Resources (TSE:GGD) Stock

Key Points

• Glenn Jessome, an insider at GoGold Resources, sold a total of 185,600 shares of the stock on September 26, at an average price of C$2.66, resulting in a transaction worth C$493,696.00.
• Following this sale, Jessome's ownership of GoGold Resources shares decreased by 28%, leaving him with approximately 477,205 shares valued at C$1,269,365.30.
• GoGold Resources shares traded down C$0.03 to C$2.60, with a market capitalization of C$983.81 million and a PE ratio of 74.29.

GoGold Resources Inc. (TSE:GGD - Get Free Report) insider Glenn Jessome sold 185,600 shares of the stock in a transaction dated Friday, September 26th. The stock was sold at an average price of C$2.66, for a total transaction of C$493,696.00. Following the sale, the insider owned 477,205 shares of the company's stock, valued at approximately C$1,269,365.30. This represents a 28.00% decrease in their ownership of the stock.

Glenn Jessome also recently made the following trade(s):

• On Thursday, September 25th, Glenn Jessome sold 50,400 shares of GoGold Resources stock. The shares were sold at an average price of C$2.60, for a total value of C$131,040.00.
• On Thursday, September 25th, Glenn Jessome sold 130,000 shares of GoGold Resources stock. The stock was sold at an average price of C$2.59, for a total transaction of C$336,700.00.
• On Friday, September 26th, Glenn Jessome sold 55,000 shares of GoGold Resources stock. The shares were sold at an average price of C$2.60, for a total transaction of C$143,000.00.
• On Friday, September 26th, Glenn Jessome sold 30,000 shares of GoGold Resources stock. The shares were sold at an average price of C$2.63, for a total transaction of C$78,900.00.
• On Friday, September 26th, Glenn Jessome sold 65,000 shares of GoGold Resources stock. The shares were sold at an average price of C$2.64, for a total transaction of C$171,600.00.
• On Friday, September 26th, Glenn Jessome sold 15,300 shares of GoGold Resources stock. The shares were sold at an average price of C$2.65, for a total transaction of C$40,545.00.
• On Friday, September 26th, Glenn Jessome sold 109,700 shares of GoGold Resources stock. The shares were sold at an average price of C$2.67, for a total transaction of C$292,899.00.
• On Friday, September 26th, Glenn Jessome sold 65,600 shares of GoGold Resources stock. The shares were sold at an average price of C$2.68, for a total value of C$175,808.00.
• On Friday, September 26th, Glenn Jessome sold 3,400 shares of GoGold Resources stock. The stock was sold at an average price of C$2.69, for a total transaction of C$9,146.00.
• On Friday, September 26th, Glenn Jessome sold 38,000 shares of GoGold Resources stock. The stock was sold at an average price of C$2.66, for a total transaction of C$101,080.00.

GoGold Resources Stock Performance

Shares of GoGold Resources stock traded down C$0.03 on Friday, hitting C$2.60. 2,339,980 shares of the company's stock were exchanged, compared to its average volume of 799,241. The company has a 50-day simple moving average of C$2.41 and a 200-day simple moving average of C$2.10. The stock has a market capitalization of C$983.81 million, a PE ratio of 74.29 and a beta of 1.14. GoGold Resources Inc. has a 1 year low of C$1.04 and a 1 year high of C$2.85.

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.

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