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GoGold Resources (TSE:GGD) Sets New 1-Year High - Time to Buy?

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Key Points

  • GoGold Resources Inc. achieved a new 52-week high share price of C$2.66, with its last trading price at C$2.64 and a volume of 493,262 shares.
  • The company has a market capitalization of C$1.01 billion and a price-to-earnings ratio of 76.00, indicating a high valuation relative to its earnings.
  • GoGold primarily operates in Mexico, with major projects including the Parral and Los Ricos projects, which contribute significantly to its revenue.
  • Interested in GoGold Resources? Here are five stocks we like better.

GoGold Resources Inc. (TSE:GGD - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$2.66 and last traded at C$2.64, with a volume of 493262 shares. The stock had previously closed at C$2.60.

GoGold Resources Trading Up 2.3%

The firm's 50-day moving average price is C$2.25 and its 200 day moving average price is C$1.99. The company has a market capitalization of C$1.01 billion, a price-to-earnings ratio of 76.00 and a beta of 1.14.

GoGold Resources Company Profile

(Get Free Report)

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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