GoGold Resources (TSE:GGD) Trading Up 1.1% - Still a Buy?

GoGold Resources Inc. (TSE:GGD - Get Free Report)'s stock price traded up 1.1% on Thursday . The company traded as high as C$1.86 and last traded at C$1.85. 499,319 shares were traded during trading, a decline of 33% from the average session volume of 746,900 shares. The stock had previously closed at C$1.83.

GoGold Resources Price Performance

The stock has a market capitalization of C$430.48 million, a P/E ratio of 185.63 and a beta of 1.50. The stock's fifty day moving average is C$1.74 and its two-hundred day moving average is C$1.51.

Insider Buying and Selling

In other news, Director John Stephen Morris Turner acquired 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased 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 currently owned by insiders.

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.

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