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

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) 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 5000 shares. The stock had previously closed at C$0.05.

QMC Quantum Minerals Trading Down 10.0 %

The company has a current ratio of 0.04, a quick ratio of 0.15 and a debt-to-equity ratio of 5.81. The business’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a market cap of C$4.68 million, a price-to-earnings ratio of -11.07 and a beta of 0.91.

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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