QMC Quantum Minerals (CVE:QMC) Hits New 12-Month Low – Here’s What Happened

Shares of QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 32000 shares traded. The stock had previously closed at C$0.05.

QMC Quantum Minerals Trading Down 10.0 %

The business’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 5.81, a quick ratio of 0.15 and a current ratio of 0.04. The company has a market capitalization of C$4.68 million, a price-to-earnings ratio of -11.07 and a beta of 0.91.

About QMC Quantum Minerals

(Get Free Report)

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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