Insider Selling: Goldquest Mining (CVE:GQC) Insider Sells C$150,000.00 in Stock

Goldquest Mining Corp. (CVE:GQC) insider Guess Investments Ltd. sold 300,000 shares of Goldquest Mining stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of C$0.50, for a total transaction of C$150,000.00. Following the completion of the sale, the insider owned 41,244,821 shares in the company, valued at C$20,622,410.50. This trade represents a 0.72% decrease in their ownership of the stock.

Goldquest Mining Stock Performance

Shares of CVE:GQC remained flat at C$0.45 during trading on Monday. The company’s stock had a trading volume of 1,330,695 shares, compared to its average volume of 600,151. Goldquest Mining Corp. has a 52-week low of C$0.38 and a 52-week high of C$2.70. The stock has a market capitalization of C$172.26 million, a PE ratio of -11.25 and a beta of 1.32. The firm has a fifty day simple moving average of C$2.20 and a two-hundred day simple moving average of C$1.91.

About Goldquest Mining

Goldquest Mining Corp., together with its subsidiaries, engages in the identification, acquisition, and exploration of mineral properties in the Dominican Republic. The company primarily explores for gold and copper deposits. It primarily owns a 100% interest in the Romero gold-copper project that comprises two mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and the Tireo property comprising 13 concessions covering an area of 20,076 hectares located in the province of San Juan de la Maguana, the Dominican Republic.