Goldquest Mining (CVE:GQC) Hits New 52-Week High - Time to Buy?

Key Points

• Goldquest Mining Corp. (CVE:GQC) has achieved a new 52-week high, reaching C$0.92 during mid-day trading, up from a previous close of C$0.86.
• The stock's market capitalization is C$306.92 million, with a PE ratio of -90.00 and a beta of 0.48, indicating lower volatility relative to the overall market.
• The company primarily focuses on exploring gold and copper deposits in the Dominican Republic, owning projects covering significant areas, including the Romero project.

Shares of Goldquest Mining Corp. (CVE:GQC - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as C$0.91 and last traded at C$0.92, with a volume of 302375 shares. The stock had previously closed at C$0.86.

Goldquest Mining Stock Performance

The company's 50-day moving average is C$0.70 and its 200-day moving average is C$0.62. The firm has a market cap of C$323.97 million, a price-to-earnings ratio of -95.00 and a beta of 0.48.

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.