QMC Quantum Minerals (CVE:QMC) Sets New 12-Month Low – Time to Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 17500 shares trading hands. The stock had previously closed at C$0.04.

QMC Quantum Minerals Price Performance

The firm has a market cap of C$3.64 million, a P/E ratio of -11.07 and a beta of -0.35. The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The company has a debt-to-equity ratio of 7.02, a quick ratio of 0.14 and a current ratio of 0.03.

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. QMC Quantum Minerals Corp. was incorporated in 2003 and is based in Vancouver, Canada.

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