GoGold Resources Inc. (TSE:GGD – Get Free Report) dropped 2.7% on Tuesday . The stock traded as low as C$1.09 and last traded at C$1.09. Approximately 380,413 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 614,567 shares. The stock had previously closed at C$1.12.
GoGold Resources Stock Down 2.7 %
The firm has a 50 day moving average of C$1.36 and a two-hundred day moving average of C$1.34. The company has a current ratio of 7.80, a quick ratio of 8.30 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of C$359.19 million, a PE ratio of -109.00 and a beta of 1.50.
About GoGold Resources
GoGold Resources Inc engages in the exploration, development, and production of gold and silver in Mexico. The company holds 100 % interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico. It also holds 100% interest in the Los Ricos properties, which includes Los Ricos South and Los Ricos North projects, that covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico.
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