Shares of QMC Quantum Minerals Corp (CVE:QMC – Get Free Report) dropped 9.1% on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 133,163 shares changed hands during trading, an increase of 54% from the average daily volume of 86,340 shares. The stock had previously closed at C$0.06.
QMC Quantum Minerals Price Performance
The firm’s fifty day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.07. The company has a quick ratio of 0.15, a current ratio of 0.09 and a debt-to-equity ratio of 3.52. The firm has a market cap of C$5.00 million, a PE ratio of -10.71 and a beta of 0.91.
About QMC Quantum Minerals
QMC Quantum Minerals Corp., an exploration stage company, engages in the acquisition, evaluation, exploration, and development of resource properties in Canada. The company explores for lithium, copper, nickel, gold, silver, palladium, platinum, and zinc deposits. Its flagship project is the Irgon Lithium Mine property that consists of 22 mineral claims covering an area of approximately 11,325 acres located in Manitoba, Canada.
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