QMX Gold (CVE:QMX) Shares Up 1.8% – Still a Buy?

QMX Gold Co. (CVE:QMXGet Free Report) shares were up 1.8% on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 93,800 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 2,281,234 shares. The stock had previously closed at C$0.29.

QMX Gold Trading Up 1.8 %

The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.31 and a current ratio of 1.45. The business has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.29. The stock has a market capitalization of C$114.56 million and a P/E ratio of -29.00.

About QMX Gold

(Get Free Report)

QMX Gold Corporation, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold and base metal deposits. The company holds a portfolio of properties covering approximately 200 square kilometers of the Val d'Or Mining Camp in the Abitibi district of Québec.

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