GoGold Resources Inc. (OTCMKTS:GLGDF) Short Interest Up 86.1% in November

GoGold Resources Inc. (OTCMKTS:GLGDF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 4,702,600 shares, an increase of 86.1% from the October 31st total of 2,526,700 shares. Based on an average daily volume of 288,400 shares, the days-to-cover ratio is presently 16.3 days.

GoGold Resources Stock Performance

GoGold Resources stock traded up $0.00 during trading hours on Friday, reaching $0.91. The stock had a trading volume of 33,800 shares, compared to its average volume of 158,952. The business’s 50 day moving average price is $1.03 and its 200-day moving average price is $1.02. GoGold Resources has a 52 week low of $0.70 and a 52 week high of $1.33.

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.