QMC Quantum Minerals (CVE:QMC) Stock Price Down 9.1% – Here’s What Happened

QMC Quantum Minerals Corp (CVE:QMCGet Free Report)’s share price was down 9.1% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 133,163 shares were traded during trading, an increase of 54% from the average daily volume of 86,340 shares. The stock had previously closed at C$0.06.

QMC Quantum Minerals Stock Performance

The company has a market cap of C$5.00 million, a P/E ratio of -10.71 and a beta of 0.91. The company has a quick ratio of 0.15, a current ratio of 0.09 and a debt-to-equity ratio of 3.52. The business has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07.

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.

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