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GoGold Resources (TSE:GGD) Reaches New 12-Month High - Should You Buy?

GoGold Resources logo with Basic Materials background

GoGold Resources Inc. (TSE:GGD - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$2.13 and last traded at C$2.06, with a volume of 1598436 shares changing hands. The stock had previously closed at C$1.94.

GoGold Resources Stock Up 0.9%

The company's fifty day moving average is C$1.78 and its 200 day moving average is C$1.55. The stock has a market cap of C$516.58 million, a PE ratio of 222.75 and a beta of 1.50.

Insider Buying and Selling at GoGold Resources

In related news, Director John Stephen Morris Turner purchased 15,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average price of C$1.70 per share, with a total value of C$25,486.50. 6.41% of the stock is owned by corporate insiders.

About GoGold Resources

(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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