Goldquest Mining (CVE:GQC) Trading 27.1% Higher – Still a Buy?

Goldquest Mining Corp. (CVE:GQCGet Free Report) shares traded up 27.1% during mid-day trading on Friday . The company traded as high as C$2.53 and last traded at C$2.44. 1,622,127 shares changed hands during mid-day trading, an increase of 216% from the average session volume of 512,762 shares. The stock had previously closed at C$1.92.

Goldquest Mining Price Performance

The company has a market capitalization of C$888.12 million, a price-to-earnings ratio of -117.50 and a beta of 1.71. The business has a fifty day moving average price of C$1.73 and a 200 day moving average price of C$1.30.

Goldquest Mining Company Profile

(Get Free Report)

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.

Further Reading

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