QMX Gold (CVE:QMX) Trading 1.8% Higher – Still a Buy?

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

QMX Gold Stock Up 1.8 %

The company has a current ratio of 1.45, a quick ratio of 1.31 and a debt-to-equity ratio of 7.71. The business’s fifty day moving average price is C$0.29 and its two-hundred day moving average price is C$0.29. The firm has a market cap of C$114.56 million and a P/E ratio of -29.00.

About QMX Gold

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.