QMC Quantum Minerals (CVE:QMC) Reaches New 12-Month Low – Here’s What Happened

Shares of QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 1252 shares trading hands. The stock had previously closed at C$0.05.

QMC Quantum Minerals Trading Down 9.1 %

The company has a debt-to-equity ratio of 3.52, a current ratio of 0.09 and a quick ratio of 0.15. The firm’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The stock has a market capitalization of C$4.81 million, a P/E ratio of -10.71 and a beta of 0.91.

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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