Gogold Resources (TSE:GGD) received a C$1.25 target price from investment analysts at Pi Financial in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Pi Financial’s price target would suggest a potential upside of 123.21% from the stock’s previous close.
TSE GGD opened at C$0.56 on Wednesday. Gogold Resources has a 12 month low of C$0.27 and a 12 month high of C$0.85. The company has a 50-day moving average of C$0.61 and a 200-day moving average of C$0.64. The company has a debt-to-equity ratio of 2.74, a current ratio of 2.46 and a quick ratio of 1.53. The company has a market cap of $111.01 million and a P/E ratio of 186.67.
Gogold Resources Company Profile
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