TSE:GGD

GoGold Resources Stock Forecast, Price & News

C$2.65

+0.06 (+2.32 %)

(As of 05/11/2021 12:00 AM ET)

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Today's Range

C$2.50

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C$2.66

50-Day Range

C$2.22

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C$2.80

52-Week Range

C$0.71

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C$2.88

Volume295,155 shs

Average Volume652,521 shs

Market CapitalizationC$735.12 million

P/E Ratio10.95

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About GoGold Resources

GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. The company holds an interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico. It also holds an option to acquire 100% concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. The company is headquartered in Halifax, Canada.

GoGold Announces Closing of C$28.75 Million Bought Deal Financing
May 7, 2021 | finance.yahoo.com

GoGold Resources (TSE:GGD) Stock Price Down 6.8%
April 22, 2021 | americanbankingnews.com

GoGold Drills 1,320 g/t AgEq over 1.5m within 16.8m of 306 g/t AgEq, Extending Mineralized Zone 200m to East at Casados in Los Ricos North
April 21, 2021 | finance.yahoo.com

GoGold Resources (TSE:GGD) Trading Down 1.9%
April 17, 2021 | americanbankingnews.com

GoGold Drills 1,676 g/t AgEq over 3.4m within 69.3m of 145 g/t AgEq from Surface at El Favor in Los Ricos North
April 14, 2021 | finance.yahoo.com

Parral Reports Ninth Consecutive Quarter of Positive Cash Flow on Production of 551K AgEq Oz
April 7, 2021 | finance.yahoo.com

Parral Generates $6.7M US of Free Cash Flow for Quarter Ending December 31, 2020
February 11, 2021 | finance.yahoo.com

GoGold Reports Record Quarterly Production of 614K AgEq Oz at Parral
January 13, 2021 | finance.yahoo.com

GoGold: Los Ricos North Is Proving Its Potential
December 4, 2020 | seekingalpha.com

GoGold Drills 17.2m of 186 g/t AgEq including 11.0m of 267 g/t AgEq at La Trini in Los Ricos North
November 4, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:GGD

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.gogoldresources.com

Phone+1-902-4821998

Employees184

Year FoundedN/A

Sales & Book Value

Annual SalesC$44.33 million

Price / Sales16.58

Cash FlowC$0.22 per share

Price / Cash Flow11.93

Book ValueC$0.67 per share

Price / Book3.94

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Debt

Debt-to-Equity Ratio0.96

Current Ratio8.41

Quick Ratio7.37

Price-To-Earnings

Trailing P/E Ratio10.95

Forward P/E Ratio29.44

P/E GrowthN/A

Miscellaneous

Outstanding Shares277,403,000

Market CapC$735.12 million

Next Earnings Date5/13/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.71 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
GoGold Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$3.63, GoGold Resources has a forecasted upside of 36.8% from its current price of C$2.65.
Amount of Analyst Coverage
GoGold Resources has received no research coverage in the past 90 days.

3.8 Community Rank

Outperform Votes
GoGold Resources has received 119 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
GoGold Resources has received 36 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
GoGold Resources has received 76.77% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about GoGold Resources and other stocks. Vote “Outperform” if you believe GGD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GGD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
GoGold Resources does not currently pay a dividend.
Dividend Growth
GoGold Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GoGold Resources insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of GoGold Resources is 10.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of GoGold Resources is 10.95, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 31.35.
Price to Book Value per Share Ratio
GoGold Resources has a P/B Ratio of 3.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

GoGold Resources (TSE:GGD) Frequently Asked Questions

Is GoGold Resources a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GoGold Resources in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GoGold Resources stock.
View analyst ratings for GoGold Resources or view top-rated stocks.

What stocks does MarketBeat like better than GoGold Resources?

Wall Street analysts have given GoGold Resources a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but GoGold Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is GoGold Resources' next earnings date?

GoGold Resources is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for GoGold Resources.

How were GoGold Resources' earnings last quarter?

GoGold Resources Inc. (TSE:GGD) announced its earnings results on Thursday, February, 11th. The company reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.02. The firm earned $18.35 million during the quarter.
View GoGold Resources' earnings history.

How has GoGold Resources' stock price been impacted by COVID-19 (Coronavirus)?

GoGold Resources' stock was trading at C$0.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GGD shares have increased by 364.9% and is now trading at C$2.65.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for GGD?

2 analysts have issued twelve-month target prices for GoGold Resources' stock. Their forecasts range from C$3.50 to C$3.75. On average, they expect GoGold Resources' share price to reach C$3.63 in the next year. This suggests a possible upside of 36.8% from the stock's current price.
View analysts' price targets for GoGold Resources or view top-rated stocks among Wall Street analysts.

Who are GoGold Resources' key executives?

GoGold Resources' management team includes the following people:

Mr. Bradley H. Langille, Pres, CEO & Director (Age 60, Pay $484.26k)
Mr. Dana M. Hatfield C.A., C.P.A., CA, Chief Financial Officer (Age 45, Pay $309.32k)
Mr. Anis Zafer Nehme Eng., MASc. Eng., Chief Operating Officer
Mr. Glenn R. Jessome B.Sc., J.D., MBA, Corp. Sec. & Gen. Legal Counsel (Age 57, Pay $96.83k)

Who are some of GoGold Resources' key competitors?

Some companies that are related to GoGold Resources include Lundin Gold (LUG), Parex Resources (PXT), Superior Plus (SPB), Pretium Resources (PVG), Interfor (IFP), Orocobre (ORL), Lithium Americas (LAC), Vast Resources (VAST), China Gold International Resources (CGG), Nexa Resources (NEXA), Semafo (SMF), SilverCrest Metals (SIL), Largo Resources (LGO), North American Palladium (PDL) and Osisko Mining (OSK).
View all of GGD's competitors.

What other stocks do shareholders of GoGold Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GoGold Resources investors own include Birchcliff Energy (BIR), Cracker Barrel Old Country Store (CBRL), Yamana Gold (YRI), Eldorado Gold (ELD), Gold Resource (GORO), Golden Queen Mining (GQM), American CuMo Mining (MLY), OrganiGram (OGI), Polo Resources (POL) and Cassava Sciences (SAVA).

What is GoGold Resources' stock symbol?

GoGold Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GGD."

How do I buy shares of GoGold Resources?

Shares of GGD and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is GoGold Resources' stock price today?

One share of GGD stock can currently be purchased for approximately C$2.65.

How much money does GoGold Resources make?

GoGold Resources has a market capitalization of C$735.12 million and generates C$44.33 million in revenue each year.

How many employees does GoGold Resources have?

GoGold Resources employs 184 workers across the globe.

What is GoGold Resources' official website?

The official website for GoGold Resources is www.gogoldresources.com.

Where are GoGold Resources' headquarters?

GoGold Resources is headquartered at 2000 Barrington St Suite 1301, HALIFAX, NS B3J 3K1, Canada.

How can I contact GoGold Resources?

GoGold Resources' mailing address is 2000 Barrington St Suite 1301, HALIFAX, NS B3J 3K1, Canada. The company can be reached via phone at +1-902-4821998.

This page was last updated on 5/12/2021 by MarketBeat.com Staff

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