QMC Quantum Minerals (CVE:QMC) Reaches New 52-Week Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 16679 shares traded. The stock had previously closed at C$0.04.

QMC Quantum Minerals Stock Down 12.5%

The firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.06. The firm has a market capitalization of C$3.64 million, a price-to-earnings ratio of -11.07 and a beta of -0.20. The company has a quick ratio of 0.14, a current ratio of 0.03 and a debt-to-equity ratio of 7.02.

QMC Quantum Minerals Company Profile

(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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