Goldquest Mining (GQC) Trading 10.5% Higher
Goldquest Mining Corp (CVE:GQC) traded up 10.5% during mid-day trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 479,500 shares were traded during trading, an increase of 236% from the average session volume of 142,674 shares. The stock had previously closed at C$0.10.
Separately, Haywood Securities cut shares of Goldquest Mining from a “hold” rating to a “sell” rating and decreased their price target for the company from C$0.20 to C$0.08 in a report on Friday, January 25th.
The firm has a market cap of $25.71 million and a PE ratio of -4.17.
Goldquest Mining Company Profile (CVE:GQC)
Goldquest Mining Corp., together with its subsidiaries, identifies, acquires, and explores for mineral properties in the Dominican Republic. The company explores for gold, copper, silver, and zinc deposits. It primarily owns a 100% interest in the Romero project comprising two mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and Tireo property, including 15 concessions totaling 20,838 hectares located in the province of San Juan de la Maguana, the Dominican Republic.
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