QMC Quantum Minerals (CVE:QMC) Trading Up 66.7% – What’s Next?

QMC Quantum Minerals Corp (CVE:QMC) was up 66.7% on Tuesday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 580,194 shares were traded during trading, an increase of 1,730% from the average daily volume of 31,711 shares. The stock had previously closed at C$0.05.

QMC Quantum Minerals Trading Up 66.7%

The business has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The stock has a market cap of C$7.81 million, a price-to-earnings ratio of -11.07 and a beta of -0.32. The company has a debt-to-equity ratio of 5.81, a current ratio of 0.04 and a quick ratio of 0.15.

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.