Goldquest Mining (CVE:GQC) Hits New 52-Week High – Here’s Why

Goldquest Mining Corp. (CVE:GQC)’s stock price hit a new 52-week high during trading on Saturday . The company traded as high as C$2.53 and last traded at C$2.35, with a volume of 1694789 shares changing hands. The stock had previously closed at C$1.92.

Goldquest Mining Price Performance

The firm’s 50 day simple moving average is C$1.75 and its 200-day simple moving average is C$1.32. The company 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.