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Message: GoGold Up 3.1% As Fiscal Q4 Production Rises 29% To A Record
 
2019-10-09 11:31:13 AM ET (MT Newswires)
   
   

11:31 AM EDT, 10/09/2019 (MT Newswires) -- GoGold (GGD.TO) was up more than 3% after the company on Wednesday said gold and silver production in its fiscal fourth quarter rose to a record.

The company said it produced 580.711 silver-equivalent ounces in the quarter ended September 30, up 29% from the previous quarter when production rose to its prior record of 451,011 silver-equivalent ounces.

"This marks the third consecutive quarter where we've set a production record, with a substantial increase this quarter of 130,000 ounces from the past quarter, in what has typically been our weakest quarter of the year due to the rainy season," chief executive Brad Langille said in a release.

The company said the increase came on improved production from its Parral Tailings project in Mexico.

GoGold shares were last seen up C$0.02 to C$0.67 on the Toronto Stock Exchange.

Price: 0.67, Change: +0.02, Percent Change: +3.08

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