Gogold Resources (TSE:GGD) Reaches New 1-Year High at $0.45

Gogold Resources Inc. (TSE:GGD)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.45 and last traded at C$0.44, with a volume of 203004 shares changing hands. The stock had previously closed at C$0.42.

Separately, HC Wainwright set a $4.00 price target on shares of BioTime and gave the company a “buy” rating in a report on Thursday, July 11th.

The company has a market capitalization of $70.43 million and a P/E ratio of -1.22. The company’s fifty day moving average is C$0.39.

Gogold Resources (TSE:GGD) last announced its quarterly earnings results on Wednesday, May 8th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$9.35 million for the quarter. As a group, analysts predict that Gogold Resources Inc. will post 0.27 earnings per share for the current year.

Gogold Resources Company Profile (TSE:GGD)

GoGold Resources Inc engages in the exploration, development, and production of mineral properties in Mexico. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico.

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