GGD : GoGold Resources Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

GoGold Resources Inc trades with the ticker GGD on the TSX and is in the Other Precious Metals & Mining industry.

Overview
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. The company was incorporated in 2008 and is headquartered in Halifax, Canada.
 

Looking to invest in GoGold Resources Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

GGD.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $374.173MM

PE Ratio:

Price: 1.2 (Updated: 3/12/2024 0:47:16)



GoGold Resources Inc (GGD) vs Competitors in Other Precious Metals & Mining

Lets see how GGD.TO stacks up against others in the Other Precious Metals & Mining asset management industry. We have identified its main peers as:

Avino Silver & Gold Mines Ltd, Golden Minerals Company, Alexco Resource Corp, China Gold International Resources Corp. Ltd, Dundee Corporation

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Other Precious Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Avino Silver & Gold Mines Ltd (ASM) $88.064 70.0 19.78 N/A%
Golden Minerals Company (AUMN) $7.606 N/A -0.518 N/A%
Alexco Resource Corp (AXU) $111.61 N/A -5.568 0.0%
China Gold International Resources Corp. Ltd (CGG) $2,854.181 55.385 39.036 0.0%
Dundee Corporation (DC-A) $81.502 N/A -53.705 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Precious Metals & Mining

  • GoGold Resources Inc (GGD) vs Avino Silver & Gold Mines Ltd (ASM)
    • ASM has higher EPS (0.01 vs -0.02). GGD has a P/E under 0, indicating ASM (P/E 70.0) is in a better position.
  • GoGold Resources Inc (GGD) vs Golden Minerals Company (AUMN)
    • GGD has higher EPS (-0.02 vs -2.27). AUMN and GGD both have P/E’s under 0.
  • GoGold Resources Inc (GGD) vs Alexco Resource Corp (AXU)
    • GGD has higher EPS (-0.02 vs -0.124). AXU provides dividends, while GGD does not. AXU and GGD both have P/E’s under 0.
  • GoGold Resources Inc (GGD) vs China Gold International Resources Corp. Ltd (CGG)
    • CGG has higher EPS (0.13 vs -0.02). CGG provides dividends, while GGD does not. GGD has a P/E under 0, indicating CGG (P/E 55.385) is in a better position.
  • GoGold Resources Inc (GGD) vs Dundee Corporation (DC-A)
    • GGD has higher EPS (-0.02 vs -0.1). DC-A and GGD both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-68.06) than the industry average (-3.48), indicating attractive valuation.
 

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You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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