GoGold Resources Inc. (OTCMKTS:GLGDF) Sees Significant Growth in Short Interest

GoGold Resources Inc. (OTCMKTS:GLGDF) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 3,230,100 shares, an increase of 10.9% from the March 15th total of 2,912,400 shares. Based on an average trading volume of 175,700 shares, the days-to-cover ratio is presently 18.4 days.

GoGold Resources Stock Down 1.0 %

Shares of GoGold Resources stock traded down $0.01 during trading on Tuesday, hitting $1.01. The company’s stock had a trading volume of 98,090 shares, compared to its average volume of 135,229. The company has a fifty day simple moving average of $0.89 and a two-hundred day simple moving average of $0.92. GoGold Resources has a 52 week low of $0.70 and a 52 week high of $1.59.

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.