Golden Queen Mining Co. (TSE:GQM) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.19 and last traded at C$0.20, with a volume of 131400 shares trading hands. The stock had previously closed at C$0.20.
Separately, HC Wainwright reduced their price objective on Golden Queen Mining from C$2.00 to C$1.50 and set a “buy” rating on the stock in a research note on Tuesday, October 17th.
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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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