Palamina Corp. (CVE:PA – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 40,200 shares changing hands. The stock had previously closed at C$0.12.
Palamina Price Performance
The company has a debt-to-equity ratio of -63.74, a quick ratio of 1.30 and a current ratio of 0.37. The business has a 50 day simple moving average of C$0.15 and a 200-day simple moving average of C$0.15. The firm has a market cap of C$9.32 million, a price-to-earnings ratio of -2.50 and a beta of 0.72.
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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