Shares of Palamina Corp. (CVE:PA – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 24000 shares changing hands. The stock had previously closed at C$0.10.
Palamina Price Performance
The company has a market capitalization of C$5.83 million, a price-to-earnings ratio of -2.97 and a beta of 2.38. The firm’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.13.
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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