GoGold Resources (TSE:GGD) Stock Price Up 1.1% - Time to Buy?

GoGold Resources Inc. (TSE:GGD - Get Free Report) traded up 1.1% during mid-day trading 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 Stock Down 0.5%

The stock has a market cap of C$451.43 million, a price-to-earnings ratio of 194.66 and a beta of 1.50. The stock's fifty day moving average is C$1.75 and its 200-day moving average is C$1.52.

Insider Transactions at GoGold Resources

In other GoGold Resources news, Director John Stephen Morris Turner purchased 15,000 shares of the stock in a transaction on Tuesday, March 11th. The stock was bought at an average cost of C$1.70 per share, for a total transaction of C$25,486.50. Insiders own 6.41% of the company's stock.

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.