Goldquest Mining (CVE:GQC) Shares Up 17.1% – Here’s Why

Goldquest Mining Corp. (CVE:GQC)’s stock price was up 17.1% during mid-day trading on Friday . The company traded as high as C$0.48 and last traded at C$0.48. Approximately 2,647,794 shares were traded during mid-day trading, an increase of 363% from the average daily volume of 572,362 shares. The stock had previously closed at C$0.41.

Goldquest Mining Price Performance

The company has a market capitalization of C$188.96 million, a price-to-earnings ratio of -12.50 and a beta of 1.32. The stock has a fifty day simple moving average of C$2.20 and a 200-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.