QMC Quantum Minerals (CVE:QMC) Hits New 52-Week Low – Here’s Why

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s stock price hit a new 52-week low on Friday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 8000 shares. The stock had previously closed at C$0.04.

QMC Quantum Minerals Stock Performance

The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a quick ratio of 0.14, a current ratio of 0.03 and a debt-to-equity ratio of 10.40. The company has a market cap of C$3.12 million, a PE ratio of -11.07 and a beta of -0.18.

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.

Further Reading

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