NEW YORK (
) hit a new 52-week high Monday as it is currently trading at $10.67, above its previous 52-week high of $10.52 with 96,889 shares traded as of 9:31 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.
Gammon has a market cap of $1.4 billion and is part of the
industry. Shares are up 28.2% year to date as of the close of trading on Friday.
Gammon Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and mining of gold and silver deposits in Mexico.
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TheStreet Ratings rates Gammon as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full
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