GoGold Resources Inc. (OTCMKTS:GLGDF) Sees Large Increase in Short Interest

GoGold Resources Inc. (OTCMKTS:GLGDFGet Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 1,749,000 shares, a growth of 5.3% from the September 15th total of 1,660,900 shares. Based on an average daily volume of 293,200 shares, the short-interest ratio is currently 6.0 days.

GoGold Resources Stock Up 4.2 %

OTCMKTS:GLGDF opened at $1.12 on Friday. The stock’s fifty day moving average price is $0.94 and its two-hundred day moving average price is $1.02. GoGold Resources has a 52-week low of $0.70 and a 52-week high of $1.31.

GoGold Resources Company Profile

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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.

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