GoldQuest Mining Down 7.4% in Unusually High Volume After Announcing Assay Results Wed

By Midnight Trader,  July 20, 2012, 03:49:36 PM EDT

GoldQuest Mining Corp. (GQC.V) is down 7.4% at $1 in unusually high volume of just over 2 million shares. It hit an intraday high of $1.11, approaching the 52-week high of $1.28 on Wednesday, before selling off in the morning hours.

The company announced no news today, but on Wednesday released asset results from the second vertical hole into its Romero discovery at its Las Tres Palmas trend in the Dominican Republic. Shares rallied on that news, and may have been subject to profit-taking today.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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