Insider Buying: GoGold Resources Inc. (TSE:GGD) Director Buys 15,000 Shares of Stock

GoGold Resources Inc. (TSE:GGD) Director John Stephen Morris Turner bought 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of C$1.70 per share, with a total value of C$25,486.50.

GoGold Resources Stock Performance

Shares of GGD stock traded up C$0.12 during mid-day trading on Tuesday, reaching C$1.75. 625,172 shares of the company were exchanged, compared to its average volume of 643,178. The business’s 50 day simple moving average is C$1.47 and its 200 day simple moving average is C$1.36. The company has a market capitalization of C$407.21 million, a P/E ratio of 175.59 and a beta of 1.50. GoGold Resources Inc. has a fifty-two week low of C$1.04 and a fifty-two week high of C$1.83.

GoGold Resources Company Profile

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.