Shares of Golden Queen Mining Co. (TSE:GQM) traded down 3.5% during trading on Tuesday . The company traded as low as C$0.54 and last traded at C$0.55. 47,026 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 58,681 shares. The stock had previously closed at C$0.57.

The company has a market capitalization of $64.47 million and a P/E ratio of 30.53. The company’s 50 day moving average price is $0.60 and its 200 day moving average price is $0.75.

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Golden Queen Mining Company Profile

Golden Queen Mining Co, Ltd. is engaged in the development of the Soledad Mountain Project (the Project), located in the Mojave Mining District, Kern County, California. The Company incorporated Golden Queen Mining Canada Ltd. (GQM Canada), a British Columbia subsidiary, to hold the Company’s interest in Golden Queen Mining Holdings, Inc (GQM Holdings).

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