QMC Quantum Minerals (CVE:QMC) Hits New 52-Week Low – Here’s Why

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 59236 shares. The stock had previously closed at C$0.04.

QMC Quantum Minerals Stock Performance

The stock has a market cap of C$3.64 million, a price-to-earnings ratio of -11.07 and a beta of -0.20. The company’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 quick ratio of 0.14, a current ratio of 0.03 and a debt-to-equity ratio of 7.02.

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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