JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

GoGold Resources Inc.

GLGDF·GGD·$3.26·$950M cap
Silveralso:Parral Tailings Mine & Los Ricos District, Mexico Map

GoGold Resources is a Canadian silver, gold, and copper producer operating the Parral Tailings retreatment mine in Chihuahua, Mexico, alongside its flagship Los Ricos South and Los Ricos North development projects in Jalisco. Fiscal Q3 2026 production reached 477,464 silver-equivalent ounces, up 21% quarter-over-quarter, and annual production grew 45% to over 2.1M AgEq ounces for the year ended September 30, 2025.

Notable vs. Peers

  • Financials score of 10/10 is stronger than the peer average of 7.5/10.
  • Trading within 0% of its 52-week high — strong recent price momentum.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
ProductionCurrent

Construction Milestones

5 of 5 reached
  1. Reached — date not disclosed · GoGold received the permits required to construct the Parral Tailings heap-leach facility in 2013, ahead of construction commencing that year. Exact day not confirmed from available sourcing -- recorded reached-but-undated. · Source
  2. Reached — date not disclosed · GoGold's 2013 pre-feasibility study (defining a 35Moz AgEq reserve) was followed by FEED (front-end engineering design) work carried out by MDM Engineering Projects Limited from March to July 2013, ahead of construction proceeding that year -- the company's real decision-equivalent sequence. No single dated 'board approves construction' release found; recorded reached-but-undated, 2013. · Source
  3. Reached — date not disclosed · GoGold's heap-leach facility at Parral Tailings was financed and built within 18 months, with construction commencing in 2013 after the required permits were received. No single dated 'construction start' release found; recorded reached-but-undated. · Source
  4. Jun 2014 · GoGold poured its first silver-gold dore bar at Parral Tailings. Commercial production was declared later, March 1, 2015. · Source
  5. Mar 2015 · Genuinely reached with a clean, single date: GoGold's Parral Tailings Project (Chihuahua, Mexico) poured its first silver-gold bar on 2014-06-03 and achieved commercial production on 2015-03-01, per the company's own Annual Information Form (preferred here over a secondary-source "April 2015" figure found elsewhere, as the AIF is the more authoritative primary disclosure). Parral remains GoGold's sole currently-producing asset -- Los Ricos North and Los Ricos South are both still development-stage projects, not yet producing. This row was missing entirely prior to 2026-08-21 -- a genuine data gap, not a stage error; Miner.stage was already correctly PRODUCTION. · Source

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

10/10
Weak track recordStrong track record
10/10
Thin runwayWell-capitalized
6/10
High riskLow risk
How this is calculated
8.2/10
Weaker depositStronger deposit
8.6/10
Weaker profileStronger profile
Price Chart
$1.56$1.68$2.37$2.15$3.26JulNovFebJunSep
Jul 25, 2025Sep 4, 2026
News
$3.26
+104.5%from low0%from high
$1.59$3.26
See who ↓
4.6%
Low alignmentHigh alignment
See who ↓
32.3%
Low alignmentHigh alignment
$950M
Far belowFar above
$465.2M median
Price (USD - Local)
$3.26 - CAD 4.51
Cash Position (USD)
$262M
Far belowFar above
$75.5M median
Debt (USD)
Far aboveFar below
$11.2M median
$688M
Far belowFar above
$363.9M median
433.5M
Far aboveFar below
306.9M median
Jurisdiction
Mexico
90,700,000 oz
Far belowFar above
47.1M median
$7.59/oz
Far aboveFar below
$5.38/oz median
8.0413 oz/tCut-off: Los Ricos South (FS, eff. 2025-01-14): Open Pit 46.4 g/t AgEq; Underground marginal 150 g/t AgEq; Underground economic 210 g/t AgEq. Los Ricos North (PEA-stage): pit-constrained 40 g/t AgEq. Parral Tailings (producing, eff. 2020-07-28): P&P Reserves 0.34 g/t AuEq; Esmerelda Tailings M&I resource 41 g/t AgEq
Far belowFar above
4.26 oz/t median
Heap leach
15 yrs
Far belowFar above
10 yrs median
$30.30/AgEq oz
@5%$355M(at $26.80/oz)
Far belowFar above
$438M median
2.68x
Far aboveFar below
0.91x median
This company's data hasn't been researched yet
Not enough peer data yet
$26.80/oz60% below spot ($66.98/oz)
28%
Far belowFar above
38% median
4.6%
0%100%
13% median
32.3%
0%100%
7.2% median
471 kmfrom Newmont Corporation's Peñasquito
Outside typical bolt-on range
$44.5M
Far belowFar above
$48.3M median
$0.103
Far belowFar above
$0.202 median
21.35x
Far aboveFar below
41.48x median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
3/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+7.5% since 2026-07-25

Your Rankings

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Management Team

President, Chief Executive Officer and Director of GoGold Resources Inc. Joined GoGold as a strategic advisor in 2010, became President & CEO in 2016 and a Director in 2020. Has raised over $1 billion in capital across his career. Career: Co-Founder, Director and CEO of Gammon Gold Inc. (1999-2007, led the Ocampo and El Cubo mines from grassroots to commercial production in Mexico; Gammon Gold was later renamed AuRico Gold Inc. in 2011, after his tenure) and, concurrently, of Mexgold Resources Inc. (1999-2007).

Chief Financial Officer of GoGold Resources Inc. Career: CFO, Brigus Gold Corp. (2011-2012, real Black Fox gold producer, later merged into Primero Mining Corp. in 2014, well after his departure); Senior Vice President, Finance, AuRico Gold Inc. (2007-2011, later merged into Alamos Gold Inc. in 2015, well after his departure); Director of Finance, Eastern Canada division of Sysco Corporation (2004-2007, non-mining).

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
2/10

GoGold's register is genuinely specialist-heavy even though our own records hold only one negligible line. Dedicated precious-metals funds on the shareholder list include Sprott Gold Equity Fund, ASA Gold & Precious Metals, Franklin Gold & Precious Metals, the Sprott Silver Miners & Physical Silver ETF and Goehring & Rozencwajg Resources Fund, alongside the usual rules-based sector ETFs. Around 35 institutions have filed on the stock and institutional ownership is 32.3%. What is missing is size: no individual position is disclosed at a level we can score, no producer or strategic holder is on the register, and there are no insider transactions on record.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

January 2025 Los Ricos South Feasibility Study: Proven & Probable Reserves of 10.2Mt at 276 g/t AgEq (91M oz AgEq contained), including 7.5Mt underground at 326 g/t AgEq. 15-year mine life, 80M payable AgEq ounces, after-tax NPV5% of US$355M and 28% IRR at base-case prices (rising to ~US$469M NPV5% / 34% IRR at recent spot).

AI take

GoGold Resources' Feasibility Study for Los Ricos South in Jalisco, Mexico (announced 16 Jan 2025) outlines a re-engineered 2,000tpd underground mine over a 15-year mine life. After-tax NPV5 of US$355M and after-tax IRR of 28% on US$227M of initial capital, at base-case prices of US$26.80/oz silver, US$2,330/oz gold and US$4.00/lb copper. Rises to US$469M NPV5 and 34% IRR at approximate spot prices of US$30/oz silver and US$2,608/oz gold. Proven and Probable Reserves of 10.2Mt at 275.7 g/t AgEq for 90.7Moz AgEq contained; 79.9Moz AgEq payable (41.1Moz silver, 423.6koz gold, 11.2Mlb copper).