QMC Quantum Minerals (CVE:QMC) Hits New 12-Month Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 114605 shares traded. The stock had previously closed at C$0.04.

QMC Quantum Minerals Price Performance

The business’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The stock has a market cap of C$3.64 million, a price-to-earnings ratio of -11.07 and a beta of -0.37. The company has a quick ratio of 0.14, a current ratio of 0.03 and a debt-to-equity ratio of 10.40.

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. QMC Quantum Minerals Corp. was incorporated in 2003 and is based in Vancouver, Canada.

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