GoGold Resources (TSE:GGD) Sets New 12-Month High - Time to Buy?

Key Points

• GoGold Resources Inc. reached a new 52-week high of C$2.50, closing at C$2.46 with a trading volume of 397,904 shares.
• The company, primarily focused on gold and silver exploration and production, has a market capitalization of approximately C$942.19 million.
• GoGold's operations are primarily in Mexico, with significant projects including the Parral and Los Ricos projects.

GoGold Resources Inc. (TSE:GGD - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$2.50 and last traded at C$2.46, with a volume of 397904 shares traded. The stock had previously closed at C$2.43.

GoGold Resources Price Performance

The company has a market capitalization of C$961.11 million, a P/E ratio of 72.57 and a beta of 1.14. The business has a 50-day moving average of C$2.22 and a 200-day moving average of C$1.97.

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.