QMC Quantum Minerals (CVE:QMC) Hits New 1-Year Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMC) reached a new 52-week low during trading on Monday . The company 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 company has a current ratio of 0.03, a quick ratio of 0.14 and a debt-to-equity ratio of 7.02. The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06. The firm has a market cap of C$3.64 million, a price-to-earnings ratio of -11.07 and a beta of -0.35.

QMC Quantum Minerals Company Profile

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.