Goldquest Mining (CVE:GQC) Reaches New 12-Month High – Should You Buy?

Goldquest Mining Corp. (CVE:GQC)’s stock price reached a new 52-week high on Thursday . The stock traded as high as C$2.45 and last traded at C$2.26, with a volume of 953496 shares trading hands. The stock had previously closed at C$2.05.

Goldquest Mining Trading Up 10.2%

The firm has a market capitalization of C$854.11 million, a P/E ratio of -113.00 and a beta of 1.19. The business has a 50 day moving average of C$1.56 and a 200-day moving average of C$1.19.

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.