Shares of Golden Queen Mining Co. (TSE:GQM) hit a new 52-week low during trading on Monday . The company traded as low as C$0.18 and last traded at C$0.19, with a volume of 120131 shares trading hands. The stock had previously closed at C$0.19.

Separately, HC Wainwright decreased their price target on shares of Golden Queen Mining from C$2.00 to C$1.50 and set a “buy” rating for the company in a research note on Tuesday, October 17th.

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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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