Goldquest Mining (CVE:GQC) Director Sells C$33,720.00 in Stock

Key Points

• Florian Siegfried, a director at Goldquest Mining, sold 28,100 shares for a total of C$33,720, reducing his ownership by 0.25% to 11,371,900 shares.
• The stock price for Goldquest Mining dropped by 2.4% to C$1.23, with a market cap of C$419.46 million and a P/E ratio of -123.00.
• Goldquest Mining primarily explores for gold and copper deposits, most notably the Romero gold-copper project in the Dominican Republic.

Goldquest Mining Corp. (CVE:GQC - Get Free Report) Director Florian Siegfried sold 28,100 shares of the business's stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of C$1.20, for a total value of C$33,720.00. Following the sale, the director directly owned 11,371,900 shares of the company's stock, valued at C$13,646,280. This represents a 0.25% decrease in their ownership of the stock.

Florian Siegfried also recently made the following trade(s):

• On Monday, October 6th, Florian Siegfried sold 171,900 shares of Goldquest Mining stock. The shares were sold at an average price of C$1.25, for a total value of C$214,875.00.

Goldquest Mining Trading Down 2.4%

Shares of CVE:GQC traded down C$0.03 during mid-day trading on Tuesday, hitting C$1.23. 107,623 shares of the company traded hands, compared to its average volume of 132,219. The stock has a 50-day moving average price of C$0.77 and a two-hundred day moving average price of C$0.67. Goldquest Mining Corp. has a 12-month low of C$0.16 and a 12-month high of C$1.28. The stock has a market cap of C$419.46 million, a P/E ratio of -123.00 and a beta of 0.92.

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.

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