Palamina Corp. (CVE:PA – Get Free Report)’s stock price reached a new 52-week low on Tuesday. The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 40,200 shares. The stock had previously closed at C$0.12.
Palamina Stock Down 4.3%
The company has a market capitalization of C$10.26 million, a price-to-earnings ratio of -2.75 and a beta of 0.72. The firm’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.16. The company has a current ratio of 0.37, a quick ratio of 1.30 and a debt-to-equity ratio of -63.74.
About Palamina
Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. It explores for gold, copper, and silver deposits. The company owns interests in the Usicayos, Panorama, Galena, Bendi, Cori, Yin Inca, Gaban, Yang, and Tinka projects located in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.
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