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GoGold Resources Inc.TSX:GGD Stock Report

Market Cap CA$1.3b
Share Price
CA$3.00
CA$80
96.3% undervalued intrinsic discount
1Y58.4%
7D11.8%
Portfolio Value
View

GoGold Resources Inc.

TSX:GGD Stock Report

Market Cap: CA$1.3b

GoGold Resources (GGD) Stock Overview

Engages in the exploration, development, and production of silver, gold, and copper primarily in Mexico It owns the Los Ricos property, which includes Los Ricos South and Los Ricos North projects, that covers 45 concessions with an area of approximately 24,000 hectares situated in the Jalisco State, Mexico; and the Parral Tailings project located in the city of Parral. More details

GGD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

GGD Community Fair Values

Create Narrative

See what 73 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

CA$80
FV
96.3% undervalued intrinsic discount
0%
Revenue growth p.a.
1.2k
users have viewed this narrative
5users have liked this narrative
4users have commented on this narrative
44users have followed this narrative
Materials opportunity

GoGold Resources Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for GoGold Resources
Historical stock prices
Current Share PriceCA$2.93
52 Week HighCA$4.12
52 Week LowCA$1.65
Beta1.62
1 Month Change9.74%
3 Month Change-6.69%
1 Year Change58.38%
3 Year Change64.61%
5 Year Change26.29%
Change since IPO89.03%

Recent News & Updates

Analysis Article Feb 19

We Think That There Are Issues Underlying GoGold Resources' (TSE:GGD) Earnings

GoGold Resources Inc. ( TSE:GGD ) announced strong profits, but the stock was stagnant. Our analysis suggests that...

Recent updates

Analysis Article Feb 19

We Think That There Are Issues Underlying GoGold Resources' (TSE:GGD) Earnings

GoGold Resources Inc. ( TSE:GGD ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Analysis Article Dec 23

Revenues Not Telling The Story For GoGold Resources Inc. (TSE:GGD) After Shares Rise 31%

GoGold Resources Inc. ( TSE:GGD ) shares have had a really impressive month, gaining 31% after a shaky period...
Narrative Update Sep 23

(Complete Analysis) 87,000% ROI - At gold $4,000/oz, silver $100/oz

🪙 GoGold Resources (GGD) – Updated Snapshot (Late-2025) Latest official info Fully Diluted Shares Outstanding: ~393,228,378 shares. ( gogoldresources.com ) Feasibility Study – Los Ricos South (LRS) : FS published Jan 16, 2025.
Narrative Update Sep 13

(Complete Analysis) 87,000% ROI - At gold $4,000/oz, silver $100/oz

Here are the updated figures & some thoughts given new info + latest shares outstanding: Latest Shares Outstanding Common Shares Issued & Outstanding: 378,364,961 shares. ( gogoldresources.com ) Options outstanding: ~9,667,917 shares.
Analysis Article Sep 04

There's Reason For Concern Over GoGold Resources Inc.'s (TSE:GGD) Massive 30% Price Jump

GoGold Resources Inc. ( TSE:GGD ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 07

GoGold Resources Inc.'s (TSE:GGD) 27% Price Boost Is Out Of Tune With Revenues

GoGold Resources Inc. ( TSE:GGD ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Mar 21

GoGold Resources Inc.'s (TSE:GGD) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights GoGold Resources' Annual General Meeting to take place on 27th of March Total pay for CEO Brad Langille...
Analysis Article Mar 18

GoGold Resources Inc.'s (TSE:GGD) 29% Price Boost Is Out Of Tune With Revenues

GoGold Resources Inc. ( TSE:GGD ) shares have continued their recent momentum with a 29% gain in the last month alone...
Analysis Article Feb 20

GoGold Resources' (TSE:GGD) Solid Profits Have Weak Fundamentals

GoGold Resources Inc.'s ( TSE:GGD ) robust earnings report didn't manage to move the market for its stock. We did some...
Analysis Article Jan 16

GoGold Resources Inc. (TSE:GGD) Looks Just Right With A 28% Price Jump

Those holding GoGold Resources Inc. ( TSE:GGD ) shares would be relieved that the share price has rebounded 28% in the...
New Narrative Dec 11

(Complete Analysis) 87,000% ROI - At gold $4,000/oz, silver $100/oz

Production Projections:2027: 8M AgEq oz.2028: 15M AgEq oz.
Analysis Article Nov 22

What You Can Learn From GoGold Resources Inc.'s (TSE:GGD) P/S After Its 27% Share Price Crash

The GoGold Resources Inc. ( TSE:GGD ) share price has softened a substantial 27% over the previous 30 days, handing...
Analysis Article Nov 16

There's Been No Shortage Of Growth Recently For GoGold Resources' (TSE:GGD) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Oct 05

Subdued Growth No Barrier To GoGold Resources Inc. (TSE:GGD) With Shares Advancing 32%

GoGold Resources Inc. ( TSE:GGD ) shares have had a really impressive month, gaining 32% after a shaky period...
Analysis Article Aug 01

Investors Still Waiting For A Pull Back In GoGold Resources Inc. (TSE:GGD)

With a price-to-sales (or "P/S") ratio of 12.3x GoGold Resources Inc. ( TSE:GGD ) may be sending very bearish signals...
Analysis Article Jun 05

We're Hopeful That GoGold Resources (TSE:GGD) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Apr 27

Why Investors Shouldn't Be Surprised By GoGold Resources Inc.'s (TSE:GGD) 26% Share Price Surge

GoGold Resources Inc. ( TSE:GGD ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Feb 28

The Price Is Right For GoGold Resources Inc. (TSE:GGD) Even After Diving 31%

The GoGold Resources Inc. ( TSE:GGD ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Feb 10

Analyst Forecasts Just Became More Bearish On GoGold Resources Inc. (TSE:GGD)

Market forces rained on the parade of GoGold Resources Inc. ( TSE:GGD ) shareholders today, when the analysts...
Analysis Article Dec 24

GoGold Resources Inc.'s (TSE:GGD) Popularity With Investors Is Clear

When close to half the companies in the Metals and Mining industry in Canada have price-to-sales ratios (or "P/S...
Analysis Article May 18

GoGold Resources Inc.'s (TSE:GGD) P/S Still Appears To Be Reasonable

When you see that almost half of the companies in the Metals and Mining industry in Canada have price-to-sales ratios...
Analysis Article Mar 08

Is There An Opportunity With GoGold Resources Inc.'s (TSE:GGD) 20% Undervaluation?

Key Insights The projected fair value for GoGold Resources is CA$2.38 based on 2 Stage Free Cash Flow to Equity GoGold...

Shareholder Returns

GGDCA Metals and MiningCA Market
7D11.8%8.7%1.0%
1Y58.4%94.1%34.0%

Return vs Industry: GGD underperformed the Canadian Metals and Mining industry which returned 90.9% over the past year.

Return vs Market: GGD exceeded the Canadian Market which returned 34.5% over the past year.

Price Volatility

Is GGD's price volatile compared to industry and market?
GGD volatility
GGD Average Weekly Movement9.4%
Metals and Mining Industry Average Movement11.9%
Market Average Movement10.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.0%

Stable Share Price: GGD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GGD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008205Brad Langillegogoldresources.com

GoGold Resources Inc. engages in the exploration, development, and production of silver, gold, and copper primarily in Mexico It owns the Los Ricos property, which includes Los Ricos South and Los Ricos North projects, that covers 45 concessions with an area of approximately 24,000 hectares situated in the Jalisco State, Mexico; and the Parral Tailings project located in the city of Parral. The company was formerly known as Absolute Gold Holdings Incorporated. GoGold Resources Inc. was incorporated in 2008 and is headquartered in Halifax, Canada.

GoGold Resources Inc. Fundamentals Summary

How do GoGold Resources's earnings and revenue compare to its market cap?
GGD fundamental statistics
Market capCA$1.26b
Earnings (TTM)CA$59.88m
Revenue (TTM)CA$132.76m
21.2x
P/E Ratio
9.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGD income statement (TTM)
RevenueUS$97.24m
Cost of RevenueUS$37.15m
Gross ProfitUS$60.09m
Other ExpensesUS$16.23m
EarningsUS$43.86m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin61.79%
Net Profit Margin45.10%
Debt/Equity Ratio0%

How did GGD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 12:33
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

GoGold Resources Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle McPheeATB Cormark Historical (Cormark Securities)
Kevin O'HalloranBMO Capital Markets Equity Research
Cole McGillStifel Canada