Goldquest Mining (CVE:GQC) Stock Passes Below 50 Day Moving Average – Time to Sell?

Shares of Goldquest Mining Corp. (CVE:GQC) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.30 and traded as low as C$2.21. Goldquest Mining shares last traded at C$2.35, with a volume of 316,872 shares.

Goldquest Mining Stock Up 6.8%

The firm has a market cap of C$888.12 million, a P/E ratio of -117.50 and a beta of 1.03. The business has a fifty day simple moving average of C$2.30 and a 200-day simple moving average of C$1.74.

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.