TSX:GGDMetals and Mining
GoGold Resources (TSX:GGD): Valuation Check After CAD 125 Million Composite Units Offering Reshapes Capital Structure
GoGold Resources (TSX:GGD) just closed a CAD 125 million composite units offering at CAD 2.65 per unit, issuing over 47 million new securities, a move that directly reshapes its capital structure.
See our latest analysis for GoGold Resources.
The deal lands after a powerful run, with the share price now at $2.66 and a year to date share price return above 120 percent. A one year total shareholder return above 120 percent suggests momentum is still very much intact.
If this kind of capital...