QMX Gold (CVE:QMX) Shares Up 1.8% – Here’s Why

QMX Gold Co. (CVE:QMXGet Free Report)’s stock price was up 1.8% during trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 93,800 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 2,281,234 shares. The stock had previously closed at C$0.29.

QMX Gold Price Performance

The company’s 50 day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.29. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.45 and a quick ratio of 1.31. The stock has a market capitalization of C$114.56 million and a P/E ratio of -29.00.

About QMX Gold

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QMX Gold Corporation, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold and base metal deposits. The company holds a portfolio of properties covering approximately 200 square kilometers of the Val d'Or Mining Camp in the Abitibi district of Québec.

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