Goldquest Mining (CVE:GQC) Shares Up 9.5% – Here’s Why

Goldquest Mining Corp. (CVE:GQC)’s share price rose 9.5% during mid-day trading on Friday. The company traded as high as C$0.72 and last traded at C$0.69. 23,605 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 392,964 shares. The stock had previously closed at C$0.63.

Goldquest Mining Stock Up 9.5%

The company has a market cap of C$265.25 million, a PE ratio of -8.62 and a beta of 0.22. The stock’s 50 day simple moving average is C$0.76 and its two-hundred day simple moving average is C$1.30.

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.