Gammon Gold, Inc. (Public, NYSE:GRS) increased 2.89%, to close at $8.19 and its overall traded volume was 1.39M shares during the last session against its average volume of 1.64M. GRS opened the day at $8.03, it made an intraday low of $8.00 and an intraday high of $8.30. The stock has a 52 week low of $5.09 and 52 week high of $12.50. GRSs market capitalization is 1.14B and it has 138.86M outstanding shares.
About Gammon Gold, Inc. (Public, NYSE:GRS)
Gammon Gold Inc. (Gammon) is a mining company which is also engaged in the exploration for, and development of, gold and silver deposits in Mexico. Through its subsidiaries, the Company owns and operates the Ocampo gold-silver mine in Chihuahua State, Mexico, and the El Cubo gold-silver mine in Guanajuato State, Mexico, both of which are producing gold and silver. Through its subsidiaries, the Company also owns the Guadalupe y Calvo gold-silver exploration project in Chihuahua State, Mexico, and leases the Las Torres gold-silver mine in Guanajuato State, Mexico, which is also producing gold and silver. During the year ended December 31, 2009, the Company sold 133,003 gold ounces and 5,146,584 silver ounces. As of December 31, 2009, Gammons total proven and probable gold equivalent reserves were 2.5 million gold equivalent ounces.
