GGN - GAMCO Global Gold Natural Resources & Income Trust: 52-Week High Recently Eclipsed (GGN)
Shares of GAMCO Global Gold Natural Resources & Income Trust (NYSE American:GGN) traded at a new 52-week high today of $3.84. This new high was reached on approximately average trading volume as 720,000 shares traded hands, while the average 30-day volume is approximately 766,000 shares.
GAMCO Global Gold Natural Resources & Income Trust (NYSE American:GGN) defies analysts with a current price ($3.84) 2.2% above its average consensus price target of $3.76.
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
In the past 52 weeks, GAMCO Global Gold Natural Resources & Income Trust share prices are bracketed by a low of $3.12 and a high of $3.84 and is now at $3.84, 23% above that low price.
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