Insider Buying: Golden Queen Mining Co. (GQM) Director Acquires 300,000 Shares of Stock
Golden Queen Mining Co. (TSE:GQM) Director Paul Marcus Blythe purchased 300,000 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were acquired at an average price of C$0.13 per share, for a total transaction of C$39,000.00.
Paul Marcus Blythe also recently made the following trade(s):
- On Monday, December 4th, Paul Marcus Blythe purchased 48,500 shares of Golden Queen Mining stock. The shares were acquired at an average price of C$0.23 per share, for a total transaction of C$11,155.00.
Shares of Golden Queen Mining Co. (GQM) opened at C$0.19 on Friday. The company has a market capitalization of $21.25, a P/E ratio of -6.33 and a beta of -2.38. Golden Queen Mining Co. has a 52-week low of C$0.18 and a 52-week high of C$1.01.
Separately, HC Wainwright dropped their price target on Golden Queen Mining from C$2.00 to C$1.50 and set a “buy” rating on the stock in a research note on Tuesday, October 17th.
About Golden Queen Mining
Golden Queen Mining Co, Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc (GQM Holdings).
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