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

GoGold Resources Inc. (OTCMKTS:GLGDF) was the target of a significant 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 currently 18.4 days.

GoGold Resources Stock Down 1.0 %

OTCMKTS GLGDF traded down $0.01 on Tuesday, hitting $1.01. 98,090 shares of the company were exchanged, compared to its average volume of 135,229. GoGold Resources has a 12 month low of $0.70 and a 12 month high of $1.59. The stock has a fifty day moving average of $0.89 and a 200-day moving average of $0.92.

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.