QMC Quantum Minerals (CVE:QMC) Reaches New 1-Year Low – What’s Next?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 43354 shares changing hands. The stock had previously closed at C$0.06.

QMC Quantum Minerals Stock Down 9.1 %

The firm has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.15 and a current ratio of 0.09. The stock has a market cap of C$4.81 million, a P/E ratio of -10.71 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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