QMC Quantum Minerals (CVE:QMC) Hits New 1-Year Low – What’s Next?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price hit 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 383500 shares trading hands. The stock had previously closed at C$0.05.

QMC Quantum Minerals Price Performance

The stock has a market cap of C$4.68 million, a price-to-earnings ratio of -11.07 and a beta of 0.91. The company has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The company has a quick ratio of 0.15, a current ratio of 0.04 and a debt-to-equity ratio of 5.81.

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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