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

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 4075 shares changing hands. The stock had previously closed at C$0.06.

QMC Quantum Minerals Price Performance

The stock has a 50-day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. 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 company has a market cap of C$5.29 million, a P/E ratio of -10.71 and a beta of 0.94.

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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