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

QMC Quantum Minerals Corp (CVE:QMC)’s share price reached a new 52-week low on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 16970 shares trading hands. The stock had previously closed at C$0.04.

QMC Quantum Minerals Stock Performance

The stock has a market cap of C$4.16 million, a price-to-earnings ratio of -11.07 and a beta of 0.02. The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07.

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.