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

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) shares 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 11040 shares trading hands. The stock had previously closed at C$0.06.

QMC Quantum Minerals Stock Down 9.1 %

The firm’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The stock has a market cap of C$4.81 million, a price-to-earnings ratio of -10.71 and a beta of 0.91. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.15 and a current ratio of 0.09.

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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