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Updated 1d ago
GGD logo

GoGold Resources Inc.TSX:GGD Stock Report

Market Cap CA$1.8b
Updated 1d ago
Share Price
n/a
1Y54.5%
7D-5.3%
1D-1.9%
Portfolio Value
​
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GoGold Resources Inc.

TSX:GGD Stock Report

Market Cap: CA$1.8b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

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
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 49.46% per year

Earnings grew by 282.9% over the past year

Analysts in good agreement that stock price will rise by 28.8%

Risk Analysis

No risks detected for GGD from our risk checks.

GGD Community Fair Values

Create Narrative

See what 93 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

GGD logo
GoGold Resources
71.3% undervalued intrinsic discount

GoGold Resources, US$262M Cash Beats Los Ricos South Capex, Silver Giant Ready to be Built

View narrative
RO
RockeTeller
RockeTeller
Updated 8 Jun
Read Narrative

Top Community Narratives

GGD logo
GoGold Resources
71.3% undervalued intrinsic discount

GoGold Resources, US$262M Cash Beats Los Ricos South Capex, Silver Giant Ready to be Built

View narrative
RO
RockeTeller
RockeTeller
Updated 8 Jun
Read Narrative
View all narratives

GoGold Resources Inc. Competitors

Andean Precious Metals

Symbol: TSX:APM
Market cap: CA$1.0b

Endeavour Silver

Symbol: TSX:EDR
Market cap: CA$4.2b

Silvercorp Metals

Symbol: TSX:SVM
Market cap: CA$3.7b

Aya Gold & Silver

Symbol: TSX:AYA
Market cap: CA$5.6b

Price History & Performance

Summary of share price highs, lows and changes for GoGold Resources
Historical stock prices
Current Share PriceCA$4.14
52 Week HighCA$4.55
52 Week LowCA$2.21
Beta1.76
1 Month Change11.59%
3 Month Change22.49%
1 Year Change54.48%
3 Year Change167.10%
5 Year Change46.29%
Change since IPO167.10%

Recent News & Updates

Analysis Article • Jun 18

GoGold Resources (TSX:GGD) Stock Could Be 76.2% Undervalued After Los Ricos South Approval

GoGold Resources (TSX:GGD) has entered a new phase after receiving all required SEMARNAT permits for its Los Ricos South underground mine in Jalisco, Mexico, with the board approving construction. See our latest analysis for GoGold Resources. That construction green light has landed at a time when momentum in GoGold Resources shares is already strong, with a 90 day share price return of 48.48% and a 1 year total shareholder return of 56.62%, building on a 3 year total shareholder return of...

Recent updates

Analysis Article • Jun 18

GoGold Resources (TSX:GGD) Stock Could Be 76.2% Undervalued After Los Ricos South Approval

GoGold Resources (TSX:GGD) has entered a new phase after receiving all required SEMARNAT permits for its Los Ricos South underground mine in Jalisco, Mexico, with the board approving construction. See our latest analysis for GoGold Resources. That construction green light has landed at a time when momentum in GoGold Resources shares is already strong, with a 90 day share price return of 48.48% and a 1 year total shareholder return of 56.62%, building on a 3 year total shareholder return of...
User avatar
Narrative Update • Jun 08

Valuation Update (June 2026)

FCF Multiple Model at US$150/oz and US$200/oz Silver This is a simplified silver torque model. It uses the Los Ricos South Feasibility Study as the base case and uses payable silver ounces to estimate upside from higher silver prices.
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...
User avatar
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.
User avatar
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
7D-5.3%-4.6%-2.0%
1Y54.5%43.1%22.3%

Return vs Industry: GGD exceeded the Canadian Metals and Mining industry which returned 43.1% over the past year.

Return vs Market: GGD exceeded the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is GGD's price volatile compared to industry and market?
GGD volatility
GGD Average Weekly Movement8.6%
Metals and Mining Industry Average Movement10.7%
Market Average Movement9.3%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.7%

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$1.83b
Earnings (TTM)CA$64.69m
Revenue (TTM)CA$149.16m
27.7x
P/E Ratio
12.0x
P/S Ratio

Is GGD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGD income statement (TTM)
RevenueUS$107.29m
Cost of RevenueUS$38.02m
Gross ProfitUS$69.26m
Other ExpensesUS$22.73m
EarningsUS$46.53m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin64.56%
Net Profit Margin43.37%
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 Analysis2026/09/14 04:32
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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. 3 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
Allison CarsonDesjardins Securities Inc.

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