QMC Quantum Minerals (CVE:QMC) Trading 22.2% Higher – Should You Buy?

Shares of QMC Quantum Minerals Corp (CVE:QMCGet Free Report) shot up 22.2% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 103,000 shares changed hands during trading, an increase of 265% from the average session volume of 28,186 shares. The stock had previously closed at C$0.05.

QMC Quantum Minerals Price Performance

The company has a debt-to-equity ratio of 5.81, a current ratio of 0.04 and a quick ratio of 0.15. The company has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The stock has a market cap of C$4.68 million, a PE 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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