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Goldquest Mining (CVE:GQC) Shares Up 4.5% - Time to Buy?

Goldquest Mining logo with Basic Materials background

Key Points

  • Goldquest Mining Corp. (CVE:GQC) shares rose 4.5% during trading on Monday, reaching a high of C$0.70.
  • The company's current market capitalization stands at C$210.47 million, with a P/E ratio of -75.62.
  • Goldquest primarily focuses on exploring gold and copper deposits in the Dominican Republic, owning key projects like the Romero gold-copper project.
  • Need better tools to track Goldquest Mining? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Shares of Goldquest Mining Corp. (CVE:GQC - Get Free Report) shot up 4.5% during trading on Monday . The stock traded as high as C$0.70 and last traded at C$0.70. 117,223 shares changed hands during trading, an increase of 5% from the average session volume of 111,535 shares. The stock had previously closed at C$0.67.

Goldquest Mining Price Performance

The company's 50-day simple moving average is C$0.74 and its 200 day simple moving average is C$0.57. The firm has a market cap of C$210.47 million, a P/E ratio of -75.62 and a beta of 0.94.

Goldquest Mining Company Profile

(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.

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