Home / Market Movers / Shares of TSX Venture Miscellaneous Company QMX Gold Corporation (CDX:QMX:CA) Fall 2.17% on February 16

Shares of TSX Venture Miscellaneous Company QMX Gold Corporation (CDX:QMX:CA) Fall 2.17% on February 16

In sliding 2.17%, QMX Gold Corporation (CDX:QMX:CA) was one of the worst performing stocks in the miscellaneous sector of the TSX Venture Exchange on February 16. After closing the previous session at $0.23, shares of QMX:CA opened this morning at $0.225 and closed the day at $0.225. Throughout the day, about 189,000 shares changed hands, compared to an average 30-day volume of 131,592 for QMX Gold Corporation. Shares moved as high as $0.23 and as low as $0.22 in today’s trading action.

The share depreciation gives the company a market capitalization of $30.47 million based upon 132.46 million shares outstanding.

In the past 52 weeks, shares of QMX Gold Corporation have traded as low as $0.02 and as high as $0.295. Technical traders will take note that at $0.225, shares of QMX:CA are trading above their 50-day moving average (MA) at $0.196 and above their 200-day MA at above $0.103. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.

Who is $QMX Gld Corp?

QMX Gold Corp is a mineral exploration company focused on the Val d'Or mining camp in the Abitibi District of Quebec. Its asset includes Val d'Or Camp, Lac Herbin properties, and also has 100% ownership of Aurbel Gold Mill. The company is led by its CEO Brad Humphrey from its headquarters at 65 Queen Street West.

For more information on QMX Gld Corp and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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About the TSX Venture Exchange

Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.

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