GoGold Resources Inc. (OTCMKTS:GLGDF) Short Interest Up 10.9% in March

GoGold Resources Inc. (OTCMKTS:GLGDF) was the target of a significant increase in short interest during the month of 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 daily trading volume, of 175,700 shares, the days-to-cover ratio is currently 18.4 days.

GoGold Resources Price Performance

GLGDF stock opened at $1.01 on Wednesday. The firm has a 50-day simple moving average of $0.89 and a two-hundred day simple moving average of $0.92. GoGold Resources has a one year low of $0.70 and a one year high of $1.59.

About GoGold Resources

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.