QMC Quantum Minerals (CVE:QMC) Hits New 52-Week Low – Here’s What Happened

QMC Quantum Minerals Corp (CVE:QMC)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 1644 shares changing hands. The stock had previously closed at C$0.05.

QMC Quantum Minerals Price Performance

The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The stock has a market capitalization of C$4.68 million, a price-to-earnings ratio of -11.07 and a beta of 0.91. The company has a debt-to-equity ratio of 5.81, a quick ratio of 0.15 and a current ratio of 0.04.

QMC Quantum Minerals Company Profile

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.