
TSE:GGD
This summary was created by AI, based on 1 opinions in the last 12 months.
GoGold Resources Inc. (GGD-T) has recently made significant progress by obtaining a crucial permit, which has been attributed to strong local support. Analysts view this site not just as a singular mining operation, but as an entire district with potential for multiple permits. This long-term perspective underscores the broader possibilities for the company in the region, although there are reservations regarding the current Mexican administration's willingness to approve the 'open pit' component of the deposit. Additionally, one expert notes a personal bias due to their substantial investment in the stock, which may impact their overall assessment. Despite this, the positive developments are encouraging for stakeholders interested in the future of GoGold Resources.
Gold mining development active in Mexico. At current prices, it's both a gold and silver producer. If the silver price begins to outperform the gold price, he suspects that the ratio will begin to favour silver. Risks of production, and political risks include a Mexican leader who's anti-mining at heart. If you can stomach those risks, this is a name to own.
GoGold Resources Inc. is a Canadian stock, trading under the symbol GGD.TO (previously GGD-T on Stockchase) on the Toronto Stock Exchange (GGD-CT). It is usually referred to as TSX:GGD or GGD.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on GGD.TO (previously GGD-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is HOLD. Read the latest stock experts' ratings for GoGold Resources Inc..
GoGold Resources Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for GoGold Resources Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for GoGold Resources Inc..
GoGold Resources Inc. is followed by 16 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-15, GoGold Resources Inc. (GGD.TO) stock closed at a price of $3.07.
Finally received a permit, much due to strong local support. The first of several permits at this location. He thinks of it as a district, rather than just a mine. Doesn't expect current Mexican administration to approve the "open pit" part of this deposit.
Note: He owns a lot of this, so he has a bias.