GoGold Resources (TSX:GGD) 3-1 Month Momentum %: -9.01% (As of Aug. 18, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:GGD GoGold Resources Inc TSX:GGD
84 GF Score
Price C$3.84
GF Value C$3.54
Valuation Fairly Valued
! 2 Warning Signs
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What is GoGold Resources 3-1 Month Momentum %?

GoGold Resources TSX:GGD +3.50% 84 3-1 Month Momentum % is -9.01% as of Aug. 18, 2026. GuruFocus rates TSX:GGD with a GF Score™ of 84/100 and a GF Value™ of C$3.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,530 Metals & Mining companies, GoGold Resources ranks better than 71.46% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-18), GoGold Resources's 3-1 Month Momentum % is -9.01%.

The industry rank for GoGold Resources's 3-1 Month Momentum % or its related term are showing as below:

TSX:GGD's 3-1 Month Momentum % is ranked better than
71.46% of 2530 companies
in the Metals & Mining industry
Industry Median: -18.75 vs TSX:GGD: -9.01

GoGold Resources  (TSX:GGD) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


GoGold Resources 3-1 Month Momentum % Related Terms


TSX:GGD vs HL: 3-1 Month Momentum % Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GoGold Resources 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GoGold Resources's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where GoGold Resources's 3-1 Month Momentum % falls into.


TSX:GGD
84GF Score
GoGold Resources Inc TSX:GGD
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources  (TSX:GGD) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -9.01% mean?
GoGold Resources (TSX:GGD) has a 3-1 Month Momentum % of -9.01% as of Aug. 18, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on GoGold Resources and its competitors. According to the industry distribution chart, GoGold Resources ranks #722 out of 2530 companies in the Metals & Mining industry, placing it in the top 28.5%.
Is GoGold Resources' 3-1 Month Momentum % too high?
GoGold Resources' current 3-1 Month Momentum % is -9.01%. Based on the distribution chart, GoGold Resources ranks #722 out of 2530 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, GoGold Resources has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' 3-1 Month Momentum % compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #722 out of 2530 companies for 3-1 Month Momentum %. This puts GoGold Resources in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on GoGold Resources and its competitors. GoGold Resources's current 3-1 Month Momentum % is -9.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (TSX:GGD) is currently considered Fairly Valued. The stock's GF Value™ is C$3.54, compared to a current price of C$3.84 — trading 8.5% above its estimated fair value. The current 3-1 Month Momentum % is -9.01%. GoGold Resources' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For GoGold Resources (TSX:GGD), the current 3-1 Month Momentum % is -9.01% as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GoGold Resources (TSX:GGD) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be overvalued. The current stock price of C$3.84 is trading 8.5% above its estimated GF Value™ of C$3.54. GuruFocus considers GoGold Resources to be Fairly Valued.

Key valuation signals for TSX:GGD:

  • 3-1 Month Momentum %: -9.01%
  • GF Value™: C$3.54 vs. price of C$3.84 (8.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the TSX:GGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GLGDF:USAGGD:Germany
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
84GF Score

Get the complete analysis for TSX:GGD

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.84
Price
C$3.54
GF Value