QMC Quantum Minerals (CVE:QMC) Trading 66.7% Higher – Should You Buy?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price traded up 66.7% on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.08. 580,194 shares changed hands during mid-day trading, an increase of 1,730% from the average session volume of 31,711 shares. The stock had previously closed at C$0.05.

QMC Quantum Minerals Stock Up 66.7%

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 firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The firm has a market cap of C$7.81 million, a price-to-earnings ratio of -11.07 and a beta of -0.32.

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.

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