QMX Gold (CVE:QMX) Shares Up 1.8% – What’s Next?

Shares of QMX Gold Co. (CVE:QMX) shot up 1.8% during trading on Thursday . The stock traded as high as C$0.29 and last traded at C$0.29. 93,800 shares were traded during mid-day trading, a decline of 96% from the average session volume of 2,281,234 shares. The stock had previously closed at C$0.29.

QMX Gold Price Performance

The company has a market capitalization of C$114.56 million and a P/E ratio of -29.00. The company’s 50-day simple moving average is C$0.29 and its 200 day simple moving average is C$0.29. The company has a quick ratio of 1.31, a current ratio of 1.45 and a debt-to-equity ratio of 7.71.

QMX Gold Company Profile

QMX Gold Corporation, a junior exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold and base metal deposits. The company holds a portfolio of properties covering approximately 200 square kilometers of the Val d'Or Mining Camp in the Abitibi district of Québec.