GoGold Resources Inc. (OTCMKTS:GLGDF) Short Interest Down 5.0% in January

GoGold Resources Inc. (OTCMKTS:GLGDF) saw a significant decrease in short interest during the month of 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 daily trading volume, of 204,600 shares, the days-to-cover ratio is presently 18.2 days.

GoGold Resources Price Performance

Shares of GLGDF opened at $1.11 on Tuesday. GoGold Resources has a 1 year low of $0.70 and a 1 year high of $1.33. The company’s 50-day simple moving average is $0.91 and its 200-day simple moving average is $0.95.

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.