QMC Quantum Minerals (CVE:QMC) Hits New 12-Month Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMC) shares hit a new 52-week low during trading on Friday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 12,500 shares trading hands. The stock had previously closed at C$0.04.

QMC Quantum Minerals Price Performance

The firm has a market cap of C$3.12 million, a price-to-earnings ratio of -11.07 and a beta of -0.90. The company has a debt-to-equity ratio of 10.40, a current ratio of 0.03 and a quick ratio of 0.14. The business’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05.

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.