The Rodman & Renshaw Trims Gogold Resources Inc. (GGD) Target Price to C$3.00

The Rodman & Renshaw Trims Gogold Resources Inc. (GGD) Target Price to C$3.00

Gogold Resources Inc. (TSE:GGD) had its price objective reduced by Rodman & Renshaw from C$3.50 to C$3.00 in a research note issued to investors on Friday morning. They currently have a buy rating on the stock.

Separately, Ringler Research started coverage on shares of Gogold Resources in a report on Tuesday, September 20th. They set an outperform rating and a C$2.25 price target for the company.

Shares of Gogold Resources (TSE:GGD) opened at 0.77 on Friday. Gogold Resources has a 12 month low of $0.72 and a 12 month high of $1.65. The stock’s 50 day moving average price is $0.97 and its 200-day moving average price is $1.17. The stock’s market capitalization is $131.86 million.

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