Goldquest Mining (CVE:GQC) Trading Up 9.2% - What's Next?

Key Points

• Goldquest Mining Corp. (CVE:GQC) shares rose by 9.2% in mid-day trading, reaching a peak of C$1.21.
• The trading volume surged by 577% from the average session, with 873,778 shares exchanged.
• Goldquest Mining operates primarily in the Dominican Republic, focusing on gold and copper exploration, notably owning the Romero gold-copper project.

Goldquest Mining Corp. (CVE:GQC - ) shares shot up 9.2% during mid-day trading on Thursday . The stock traded as high as C$1.21 and last traded at C$1.19. 873,778 shares changed hands during trading, an increase of 577% from the average session volume of 129,030 shares. The stock had previously closed at C$1.09.

Goldquest Mining Price Performance

The stock has a market capitalization of C$405.82 million, a PE ratio of -119.00 and a beta of 0.48. The company has a 50 day moving average price of C$0.75 and a 200-day moving average price of C$0.65.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.