Key Points
- Goldquest Mining director Patrick Michaels bought 200,000 shares on Monday at an average price of C$0.45 per share, spending C$90,000 in total.
- After the purchase, Michaels now owns 2.25 million shares, a 9.76% increase in his stake, valued at about C$1.01 million.
- Goldquest Mining shares were up 1.1% and opened at C$0.46, while the company continues to focus on gold and copper exploration in the Dominican Republic.
Goldquest Mining Corp. (CVE:GQC - Get Free Report) Director Patrick Michaels acquired 200,000 shares of the company's stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of C$0.45 per share, with a total value of C$90,000.00. Following the completion of the transaction, the director owned 2,250,000 shares in the company, valued at C$1,012,500. The trade was a 9.76% increase in their ownership of the stock.
Goldquest Mining Stock Up 1.1%
CVE:GQC opened at C$0.46 on Tuesday. Goldquest Mining Corp. has a twelve month low of C$0.38 and a twelve month high of C$2.70. The stock's 50-day simple moving average is C$2.13 and its 200 day simple moving average is C$1.90. The firm has a market capitalization of C$174.17 million, a PE ratio of -11.38 and a beta of 1.32.
About Goldquest Mining
(
Get Free Report)
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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