Free Trial

Goldquest Mining (CVE:GQC) Reaches New 12-Month Low - Here's Why

Goldquest Mining logo with Basic Materials background
Image from MarketBeat Media, LLC.

Key Points

  • Goldquest Mining (CVE:GQC) hit a new 52-week low — the stock traded as low as C$0.47 mid-day and was last at C$0.64 with about 4.63 million shares changing hands, down from a prior close of C$1.61.
  • Valuation and technicals point to weakness: the company has a market capitalization of C$268.33 million, a negative PE (-17.75), and the share price is well below its 50‑day (C$2.28) and 200‑day (C$1.93) moving averages.
  • Goldquest is an exploration company focused on gold and copper in the Dominican Republic, notably owning the Romero gold‑copper project and the Tireo property covering large concession areas.
  • MarketBeat previews the top five stocks to own by June 1st.

Goldquest Mining Corp. (CVE:GQC - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.47 and last traded at C$0.64, with a volume of 4628314 shares trading hands. The stock had previously closed at C$1.61.

Goldquest Mining Stock Performance

The firm has a market capitalization of C$268.33 million, a PE ratio of -17.75 and a beta of 1.32. The stock's 50 day simple moving average is C$2.28 and its two-hundred day simple moving average is C$1.93.

About Goldquest Mining

(Get Free Report)

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Goldquest Mining Right Now?

Before you consider Goldquest Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goldquest Mining wasn't on the list.

While Goldquest Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines