Insider Buying: GoGold Resources (TSE:GGD) Insider Acquires 63,000 Shares of Stock

GoGold Resources (TSE:GGD) insider Anis Zafer Nehme bought 63,000 shares of the stock in a transaction dated Wednesday, March 14th. The stock was purchased at an average cost of C$0.40 per share, for a total transaction of C$25,200.00.

GGD stock opened at C$0.41 on Friday. GoGold Resources has a 52 week low of C$0.31 and a 52 week high of C$0.73.

GoGold Resources (TSE:GGD) last announced its quarterly earnings results on Wednesday, February 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. GoGold Resources had a negative net margin of 28.52% and a negative return on equity of 6.10%. The business had revenue of C$7.41 million during the quarter.

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About GoGold Resources

GoGold Resources Inc engages in the exploration, development, and production of mineral properties primarily in Mexico. The company explores for gold and silver deposits. Its principal property is the Parral Tailings project, which covers an area of 141 hectares located in the state of Chihuahua, Mexico.

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