Equities research analysts at Ringler Research started coverage on shares of Gogold Resources Inc. (TSE:GGD) in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports. The firm set an “outperform” rating and a C$2.25 price target on the stock. Ringler Research’s price target would suggest a potential upside of 144.57% from the stock’s current price.

Shares of Gogold Resources (TSE:GGD) opened at 0.92 on Tuesday. Gogold Resources has a 52-week low of $0.90 and a 52-week high of $1.65. The firm’s 50-day moving average is $1.10 and its 200 day moving average is $1.20. The stock’s market capitalization is $157.55 million.

Gogold Resources Company Profile

GoGold Resources Inc is a Canada-based company, which is engaged in exploration, development and production of gold, silver and copper primarily in Mexico. The Company’s projects include the Parral Tailings Project (Parral) located in the state of Chihuahua, Mexico, which is a producing project, as well as the Santa Gertrudis and San Diego exploration projects.

Stock Target Prices

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