Insider Buying: Golden Queen Mining Co. (GQM) Director Buys 300,000 Shares of Stock
Golden Queen Mining Co. (TSE:GQM) Director Paul Marcus Blythe acquired 300,000 shares of Golden Queen Mining stock in a transaction that occurred on Tuesday, February 6th. The stock was acquired at an average cost of C$0.13 per share, for a total transaction of C$39,000.00.
Paul Marcus Blythe also recently made the following trade(s):
- On Monday, December 4th, Paul Marcus Blythe acquired 48,500 shares of Golden Queen Mining stock. The stock was acquired at an average cost of C$0.23 per share, for a total transaction of C$11,155.00.
Golden Queen Mining Co. (TSE GQM) traded down C$0.01 during trading hours on Tuesday, reaching C$0.19. The company had a trading volume of 177,816 shares, compared to its average volume of 123,453. The firm has a market capitalization of $21.12, a price-to-earnings ratio of -6.67 and a beta of -2.38. Golden Queen Mining Co. has a fifty-two week low of C$0.18 and a fifty-two week high of C$1.01.
Separately, HC Wainwright reduced their price objective on Golden Queen Mining from C$2.00 to C$1.50 and set a “buy” rating on the stock in a research note on Tuesday, October 17th.
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About Golden Queen Mining
Golden Queen Mining Co, Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc (GQM Holdings).
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