QMC Quantum Minerals (CVE:QMC) Sets New 12-Month Low – Time to Sell?

QMC Quantum Minerals Corp (CVE:QMC) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 17500 shares trading hands. The stock had previously closed at C$0.04.

QMC Quantum Minerals Price Performance

The firm has a market capitalization of C$3.64 million, a P/E ratio of -11.07 and a beta of -0.35. The business has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.06. The company has a current ratio of 0.03, a quick ratio of 0.14 and a debt-to-equity ratio of 7.02.

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.