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An update from GoGold Resources ( (TSE:GGD) ) is now available.
GoGold Resources reported a strong production quarter ending June 30, 2025, with 555,500 silver equivalent ounces produced at its Parral mine. This production includes 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc. The robust cash flow from Parral is enhancing the company’s financial position, supporting general expenses, and funding exploration and engineering at the Los Ricos project. This positions GoGold well for the anticipated construction at Los Ricos South and provides flexibility to advance other projects.
The most recent analyst rating on (TSE:GGD) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on GoGold Resources stock, see the TSE:GGD Stock Forecast page.
Spark’s Take on TSE:GGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:GGD is a Neutral.
GoGold Resources presents a mixed investment case. The strong balance sheet and positive corporate developments support future growth potential. However, challenges in cash flow management and a high P/E ratio suggest caution regarding valuation. Technical indicators are neutral, indicating a balanced short-term outlook.
To see Spark’s full report on TSE:GGD stock, click here.
More about GoGold Resources
GoGold Resources is a Canadian-based silver and gold producer focused on operating, developing, exploring, and acquiring high-quality projects in Mexico. The company operates the Parral Tailings mine in Chihuahua and has the Los Ricos South and Los Ricos North exploration and development projects in Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low-cost, high-margin projects.
Average Trading Volume: 749,728
Technical Sentiment Signal: Buy
Current Market Cap: C$689.7M
For detailed information about GGD stock, go to TipRanks’ Stock Analysis page.