Gogold Resources Inc. (OTCMKTS:GLGDF)’s stock price was down 4.7% during mid-day trading on Thursday . The stock traded as low as $0.37 and last traded at $0.37, approximately 1,025 shares changed hands during mid-day trading. A decline of 98% from the average daily volume of 50,822 shares. The stock had previously closed at $0.38.
Separately, HC Wainwright reissued a “buy” rating on shares of Gogold Resources in a research note on Thursday, July 11th.
The firm has a 50 day simple moving average of $0.31.
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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