QMC Quantum Minerals (CVE:QMC) Reaches New 52-Week Low – Time to Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 11040 shares changing hands. The stock had previously closed at C$0.06.

QMC Quantum Minerals Price Performance

The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.15 and a current ratio of 0.09. The stock has a market capitalization of C$4.81 million, a price-to-earnings ratio of -10.71 and a beta of 0.91. The business’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.08.

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.

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