GoGold Resources reinstated with an Outperform at BMO Capital

BMO Capital analyst Kevin O’Halloran reinstated coverage of GoGold Resources with an Outperform rating and C$2.50 price target. The company’s Los Ricos development property in Jalisco, Mexico hosts two silver-gold development projects, Los Ricos South and North that combine to provide meaningful scale with an attractive cost profile, the analyst tells investors in a research note.