QMC Quantum Minerals (CVE:QMC) Shares Down 27.3% – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMC)’s stock price was down 27.3% during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 429,311 shares traded hands during mid-day trading, an increase of 1,608% from the average daily volume of 25,142 shares. The stock had previously closed at C$0.06.

QMC Quantum Minerals Stock Performance

The stock’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The company has a market capitalization of C$4.16 million, a PE ratio of -11.07 and a beta of 0.02.

About QMC Quantum Minerals

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.