Goldquest Mining (CVE:GQC) Insider Sells C$260,000.00 in Stock

Key Points

• Goldquest Mining Corp. insider Luis Santana sold 200,000 shares of the company's stock for a total of C$260,000 on October 10th, reducing his position by 11.08%.
• Following the sale, Santana's remaining shares are worth approximately C$2,086,423.30, indicating significant stake retention despite the sale.
• Goldquest Mining's stock has experienced fluctuating performance, achieving a 12-month high of C$1.36 and a 12-month low of C$0.16, with a current trading volume exceeding its average.

Goldquest Mining Corp. (CVE:GQC - Get Free Report) insider Luis Santana sold 200,000 shares of Goldquest Mining stock in a transaction on Friday, October 10th. The shares were sold at an average price of C$1.30, for a total value of C$260,000.00. Following the transaction, the insider owned 1,604,941 shares in the company, valued at C$2,086,423.30. This represents a 11.08% decrease in their position.

Luis Santana also recently made the following trade(s):

• On Friday, October 10th, Luis Santana sold 92,400 shares of Goldquest Mining stock. The stock was sold at an average price of C$1.27, for a total value of C$117,348.00.
• On Friday, October 10th, Luis Santana sold 7,600 shares of Goldquest Mining stock. The stock was sold at an average price of C$1.28, for a total value of C$9,728.00.

Goldquest Mining Stock Performance

Shares of GQC stock traded up C$0.09 during trading hours on Friday, hitting C$1.36. The company had a trading volume of 194,012 shares, compared to its average volume of 137,886. The firm has a market capitalization of C$463.79 million, a price-to-earnings ratio of -136.00 and a beta of 0.92. Goldquest Mining Corp. has a 12 month low of C$0.16 and a 12 month high of C$1.36. The firm's fifty day moving average is C$0.81 and its 200 day moving average is C$0.68.

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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