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

GoGold Resources Inc. (OTCMKTS:GLGDF) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 3,729,000 shares, a decrease of 5.0% from the January 15th total of 3,925,800 shares. Based on an average trading volume of 204,600 shares, the short-interest ratio is presently 18.2 days.

GoGold Resources Trading Up 0.9 %

Shares of GoGold Resources stock opened at $1.12 on Wednesday. GoGold Resources has a 12-month low of $0.70 and a 12-month high of $1.33. The firm’s 50-day moving average price is $0.92 and its two-hundred day moving average price is $0.95.

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.