QMC Quantum Minerals (CVE:QMC) Hits New 12-Month Low – Here’s Why

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 19220 shares changing hands. The stock had previously closed at C$0.05.

QMC Quantum Minerals Stock Performance

The firm has a market cap of C$4.81 million, a PE ratio of -10.71 and a beta of 0.91. The company has a debt-to-equity ratio of 3.52, a current ratio of 0.09 and a quick ratio of 0.15. The business has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.07.

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.

Further Reading

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