GoGold Resources Inc. (TSE:GGD – Get Rating) – Research analysts at Echelon Wealth Partners dropped their Q3 2022 earnings estimates for shares of GoGold Resources in a research note issued to investors on Thursday, July 14th. Echelon Wealth Partners analyst G. Gonzalez now forecasts that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.01. The consensus estimate for GoGold Resources' current full-year earnings is $0.02 per share.
Get GoGold Resources alerts:Separately, BMO Capital Markets dropped their price objective on shares of GoGold Resources from C$4.10 to C$3.50 in a research note on Thursday.
GoGold Resources Price Performance
Shares of TSE:GGD opened at C$1.71 on Friday. GoGold Resources has a twelve month low of C$1.63 and a twelve month high of C$3.79. The company's 50 day moving average is C$2.23 and its 200 day moving average is C$2.67. The company has a current ratio of 9.14, a quick ratio of 8.14 and a debt-to-equity ratio of 0.45. The company has a market cap of C$504.89 million and a PE ratio of -285.00.GoGold Resources Company Profile
(Get Rating)
GoGold Resources Inc engages in the exploration, development, and production of gold and silver primarily in Mexico. The company holds an interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico. It also holds an option to acquire 100% concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico.
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