Gogold Resources Inc. (TSE:GGD) had its target price trimmed by Rodman & Renshaw from C$3.50 to C$3.00 in a research note published on Friday. The firm currently has a buy rating on the stock.

Separately, Ringler Research assumed coverage on shares of Gogold Resources in a research report on Tuesday, September 20th. They set an outperform rating and a C$2.25 target price on the stock.

Shares of Gogold Resources (TSE:GGD) traded up 8.00% during mid-day trading on Friday, reaching $0.81. The company’s stock had a trading volume of 305,479 shares. Gogold Resources has a 12 month low of $0.72 and a 12 month high of $1.65. The company has a 50 day moving average price of $1.00 and a 200 day moving average price of $1.18. The stock’s market capitalization is $138.71 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.

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