GoGold Resources Inc. (TSE:GGD) to Post FY2025 Earnings of $0.04 Per Share, Echelon Wealth Partners Forecasts

GoGold Resources Inc. (TSE:GGDFree Report) – Stock analysts at Echelon Wealth Partners upped their FY2025 earnings per share (EPS) estimates for GoGold Resources in a note issued to investors on Thursday, February 8th. Echelon Wealth Partners analyst G. Gonzalez now forecasts that the company will post earnings per share of $0.04 for the year, up from their previous forecast of $0.03. The consensus estimate for GoGold Resources’ current full-year earnings is $0.03 per share.

GoGold Resources (TSE:GGDGet Free Report) last issued its quarterly earnings data on Tuesday, December 19th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.01 by C($0.02). The firm had revenue of C$7.63 million during the quarter, compared to the consensus estimate of C$12.06 million. GoGold Resources had a negative net margin of 26.07% and a negative return on equity of 3.02%.

GGD has been the topic of a number of other reports. Pi Financial lowered their price target on GoGold Resources from C$3.60 to C$2.80 and set a “buy” rating on the stock in a report on Thursday, October 26th. BMO Capital Markets set a C$2.50 target price on shares of GoGold Resources and gave the company an “outperform” rating in a research report on Friday.

Get Our Latest Stock Analysis on GoGold Resources

GoGold Resources Price Performance

Shares of TSE:GGD opened at C$1.17 on Monday. The company has a current ratio of 9.03, a quick ratio of 8.30 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is C$1.28 and its two-hundred day moving average is C$1.31. The firm has a market capitalization of C$384.02 million, a P/E ratio of -39.00 and a beta of 1.32. GoGold Resources has a 52 week low of C$1.08 and a 52 week high of C$2.30.

GoGold Resources Company Profile

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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.

Further Reading

Earnings History and Estimates for GoGold Resources (TSE:GGD)

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