Goldquest Mining (CVE:GQC) Trading 1.6% Higher - Here's Why

Key Points

• Goldquest Mining Corp. shares increased by 1.6% during trading, with a last traded price of C$0.65, showing a notable rise in trading volume.
• The company has a market cap of C$195.44 million and a PE ratio of -70.22, indicating it is not currently profitable.
• Goldquest primarily explores for gold and copper deposits in the Dominican Republic, focusing on projects like the Romero gold-copper project.

Goldquest Mining Corp. (CVE:GQC - )'s share price was up 1.6% during trading on Monday . The company traded as high as C$0.66 and last traded at C$0.65. Approximately 167,900 shares changed hands during trading, an increase of 44% from the average daily volume of 116,574 shares. The stock had previously closed at C$0.64.

Goldquest Mining Stock Up 1.6%

The stock has a market cap of C$195.44 million, a PE ratio of -70.22 and a beta of 0.94. The stock has a 50-day moving average of C$0.72 and a 200 day moving average of C$0.53.

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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