Palamina Corp. (CVE:PA – Get Free Report) hit a new 52-week low on Wednesday. The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 15,600 shares. The stock had previously closed at C$0.10.
Palamina Stock Performance
The firm has a market capitalization of C$8.39 million, a price-to-earnings ratio of -2.25 and a beta of 0.72. The company has a fifty day moving average of C$0.14 and a two-hundred day moving average of C$0.16. The company has a debt-to-equity ratio of -63.74, a quick ratio of 1.30 and a current ratio of 0.37.
Palamina Company Profile
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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