Home / Market Movers / Great Quest Fertilizer Ltd. (CDX:GQ:CA) Advances 6.52% on January 13, Leads TSX Venture Basic Materials Sector

Great Quest Fertilizer Ltd. (CDX:GQ:CA) Advances 6.52% on January 13, Leads TSX Venture Basic Materials Sector

With an advance of 6.52%, Great Quest Fertilizer Ltd. (CDX:GQ:CA) was one of the best performing basic material stocks listed on the TSX Venture on January 13. After closing the previous session at $0.23, shares of GQ:CA opened this morning at $0.245 and closed the day at $0.245. Throughout the day, about 84,000 shares changed hands, compared to an average 30-day volume of 21,251 for Great Quest Fertilizer Ltd.. Shares moved as high as $0.255 and as low as $0.215 in today’s trading action.

The share appreciation gives the company a market capitalization of $12.35 million based upon 53.72 million shares outstanding.

In the past 52 weeks, shares of Great Quest Fertilizer Ltd. have traded as low as $0.105 and as high as $0.38. Technical traders will take note that at $0.245, shares of GQ:CA are trading above their 50-day moving average (MA) at $0.227 and above their 200-day MA at above $0.196. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them or holding over them is typically regarded as bullish.

Who is $Grt Quest Fe?

Great Quest Fertilizer Ltd is engaged in the exploration and development of exploration and evaluation properties located in Mali, West Africa. Its properties include Phosphate – Tilemi Valley Project, Gold – Birimian Gold Belt, & among others. The company is led by its CEO Jeddiah Richardson from its headquarters at 95 King Street East.

For more information on Grt Quest Fe and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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About the TSX Venture Exchange

Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.

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