QMC Quantum Minerals (CVE:QMC) Hits New 1-Year Low – Should You Sell?

Shares of QMC Quantum Minerals Corp (CVE:QMC – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 1000 shares changing hands. 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 -0.35. The company has a debt-to-equity ratio of 7.02, a current ratio of 0.03 and a quick ratio of 0.14. The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06.

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. QMC Quantum Minerals Corp. was incorporated in 2003 and is based in Vancouver, Canada.

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