Goldquest Mining (CVE:GQC) Shares Down 10.3% - Time to Sell?

Key Points

• Shares down 10.3% — Goldquest's stock fell to C$1.74 mid-day from a prior close of C$1.94, with ~154,217 shares traded, about 66% below its average daily volume of 450,722.
• Valuation and technicals: Market cap is C$608.46 million, P/E is negative (-40.25) and beta is 1.18; the 50‑day moving average is C$2.29 and the 200‑day moving average is C$1.92, leaving the current price below the 50‑day and near the 200‑day.
• Company focus: Goldquest explores gold and copper in the Dominican Republic, owning 100% of the Romero gold‑copper project (3,997 hectares) and the Tireo property (13 concessions, 20,076 hectares).

Goldquest Mining Corp. (CVE:GQC - )'s share price dropped 10.3% during mid-day trading on Monday . The stock traded as low as C$1.74 and last traded at C$1.74. Approximately 154,217 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 450,722 shares. The stock had previously closed at C$1.94.

Goldquest Mining Trading Down 17.0%

The stock has a market cap of C$608.46 million, a price-to-earnings ratio of -40.25 and a beta of 1.18. The stock's 50 day moving average is C$2.29 and its two-hundred day moving average is C$1.92.

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.

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