QMC Quantum Minerals (CVE:QMC) Sets New 12-Month High – What’s Next?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11, with a volume of 65401 shares trading hands. The stock had previously closed at C$0.09.

QMC Quantum Minerals Trading Up 5.6%

The firm’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The company has a quick ratio of 0.15, a current ratio of 0.04 and a debt-to-equity ratio of 5.81. The company has a market cap of C$9.89 million, a P/E ratio of -11.07 and a beta of -0.32.

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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