Goldquest Mining Corp. (CVE:GQC – Get Free Report)’s share price dropped 4.9% during mid-day trading on Thursday . The stock traded as low as C$1.04 and last traded at C$1.16. Approximately 140,951 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 682,612 shares. The stock had previously closed at C$1.22.
Goldquest Mining Stock Down 7.4%
The firm has a fifty day moving average of C$1.55 and a 200-day moving average of C$1.78. The firm has a market cap of C$432.57 million, a P/E ratio of -22.60 and a beta of 1.32.
Insider Activity
In related news, Director Patrick Michaels bought 200,000 shares of Goldquest Mining stock in a transaction on Monday, May 11th. The shares were purchased at an average price of C$0.45 per share, for a total transaction of C$90,000.00. Following the completion of the acquisition, the director owned 2,250,000 shares in the company, valued at approximately C$1,012,500. This represents a 9.76% increase in their ownership of the stock. Also, insider Guess Investments Ltd. sold 300,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of C$0.50, for a total value of C$150,000.00. Following the transaction, the insider owned 41,244,821 shares in the company, valued at approximately C$20,622,410.50. This trade represents a 0.72% decrease in their position. In the last quarter, insiders purchased 320,814 shares of company stock worth $141,950. 17.36% of the stock is owned by company insiders.
Goldquest Mining Company Profile
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
- Five stocks we like better than Goldquest Mining
- The Blue Origin Explosion Is a Setback for Amazon, Not a Dealbreaker
- Before the IPO: 4 Companies That Rewarded Investors Who Got In Early
- Gen Z Trends Make These 3 Stocks Worth Watching
- How the Memory Shortage Is Crushing the Gaming Industry
Receive News & Ratings for Goldquest Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldquest Mining and related companies with MarketBeat.com's FREE daily email newsletter.
