Goldquest Mining (CVE:GQC) Share Price Passes Below 50 Day Moving Average – Should You Sell?
by Mitch Edgeman · The Markets DailyGoldquest Mining Corp. (CVE:GQC – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.30 and traded as low as C$2.21. Goldquest Mining shares last traded at C$2.35, with a volume of 316,872 shares trading hands.
Goldquest Mining Price Performance
The stock’s 50 day moving average is C$2.30 and its 200-day moving average is C$1.75. The company has a market capitalization of C$918.35 million, a P/E ratio of -121.50 and a beta of 1.03.
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.