Golden Queen Mining (GQM) Reaches New 12-Month Low at $0.17

Golden Queen Mining Co. (TSE:GQM) shares reached a new 52-week low on Monday . The stock traded as low as C$0.17 and last traded at C$0.17, with a volume of 183633 shares trading hands. The stock had previously closed at C$0.18.

The stock has a market cap of $19.29, a PE ratio of -5.67 and a beta of -2.38.

In other Golden Queen Mining news, Director Paul Marcus Blythe purchased 300,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were purchased at an average cost of C$0.13 per share, with a total value of C$39,000.00. Insiders have purchased 428,500 shares of company stock worth $65,355 over the last three months.

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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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