QMC Quantum Minerals (CVE:QMC) Sets New 52-Week Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMCGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.04.

QMC Quantum Minerals Stock Performance

The company has a current ratio of 0.03, a quick ratio of 0.14 and a debt-to-equity ratio of 10.40. The stock has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.05. The firm has a market capitalization of C$3.12 million, a price-to-earnings ratio of -11.07 and a beta of -0.37.

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. QMC Quantum Minerals Corp. was incorporated in 2003 and is based in Vancouver, Canada.

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