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

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

GoGold Resources Price Performance

Shares of GGD traded up C$0.12 on Tuesday, reaching C$1.75. The company’s stock had a trading volume of 625,172 shares, compared to its average volume of 643,178. The stock has a market capitalization of C$407.21 million, a P/E ratio of 175.59 and a beta of 1.50. The stock’s 50 day simple moving average is C$1.47 and its two-hundred day simple moving average is C$1.36. GoGold Resources Inc. has a 12-month low of C$1.04 and a 12-month high of C$1.83.

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.