QMC Quantum Minerals (CVE:QMC) Sets New 1-Year Low – Time to Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached 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 3023 shares trading hands. The stock had previously closed at C$0.05.

QMC Quantum Minerals Stock Down 10.0%

The company has a current ratio of 0.04, a quick ratio of 0.15 and a debt-to-equity ratio of 5.81. The firm has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The firm has a market cap of C$4.68 million, a price-to-earnings ratio of -11.07 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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