Gogold Resources (TSE:GGD) PT Lowered to C$0.80 at HC Wainwright

Gogold Resources (TSE:GGD) had its target price lowered by HC Wainwright from C$0.90 to C$0.80 in a research note issued to investors on Thursday morning, BayStreet.CA reports.

TSE GGD opened at C$0.41 on Thursday. Gogold Resources has a 12 month low of C$0.19 and a 12 month high of C$0.45. The stock has a market capitalization of $70.43 million and a PE ratio of -1.14. The business has a fifty day moving average of C$0.39.

Gogold Resources (TSE:GGD) last released its earnings results on Wednesday, May 8th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$9.35 million during the quarter. On average, equities analysts expect that Gogold Resources will post 0.27 earnings per share for the current year.

About Gogold Resources

GoGold Resources Inc engages in the exploration, development, and production of mineral properties in Mexico. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico.

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