Golden Queen Mining Co. (GQM) Shares Up 5.5%
Golden Queen Mining Co. (TSE:GQM) shot up 5.5% during trading on Thursday . The stock traded as high as C$0.58 and last traded at C$0.58. 7,000 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 58,449 shares. The stock had previously closed at C$0.55.
The stock has a 50 day moving average price of $0.59 and a 200 day moving average price of $0.74. The firm has a market capitalization of $64.47 million and a price-to-earnings ratio of 30.53.
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About Golden Queen Mining
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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