GoGold Resources Inc. (OTCMKTS:GLGDF) Short Interest Update

GoGold Resources Inc. (OTCMKTS:GLGDF) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,702,600 shares, a growth 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 Price Performance

GLGDF traded up $0.01 during trading hours on Thursday, reaching $0.91. 130,580 shares of the stock traded hands, compared to its average volume of 159,497. GoGold Resources has a fifty-two week low of $0.70 and a fifty-two week high of $1.33. The firm’s fifty day simple moving average is $1.03 and its two-hundred day simple moving average is $1.02.

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.