QMC Quantum Minerals (CVE:QMC) Sets New 12-Month Low – Time to Sell?

QMC Quantum Minerals Corp (CVE:QMC – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 114605 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 -0.37. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a current ratio of 0.03, a quick ratio of 0.14 and a debt-to-equity ratio of 10.40.

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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