Goldquest Mining (CVE:GQC) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Goldquest Mining Corp. (CVE:GQC) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.05 and traded as high as C$2.35. Goldquest Mining shares last traded at C$2.31, with a volume of 273,113 shares traded.

Goldquest Mining Price Performance

The company’s 50 day simple moving average is C$2.08 and its 200 day simple moving average is C$1.53. The firm has a market cap of C$888.12 million, a price-to-earnings ratio of -117.50 and a beta of 1.71.

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.