Goldquest Mining (CVE:GQC) Director Buys C$90,000.00 in Stock

Goldquest Mining Corp. (CVE:GQCGet Free Report) Director Patrick Michaels acquired 200,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of C$0.45 per share, with a total value of C$90,000.00. Following the acquisition, the director owned 2,250,000 shares of the company’s stock, valued at approximately C$1,012,500. This represents a 9.76% increase in their ownership of the stock.

Goldquest Mining Stock Down 5.3%

Shares of GQC opened at C$0.54 on Thursday. Goldquest Mining Corp. has a 12-month low of C$0.38 and a 12-month high of C$2.70. The business’s fifty day moving average is C$2.06 and its 200 day moving average is C$1.89. The stock has a market cap of C$206.71 million, a P/E ratio of -13.50 and a beta of 1.32.

About Goldquest Mining

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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.

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