Palamina Corp. (CVE:PA – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 30,020 shares. The stock had previously closed at C$0.09.
Palamina Trading Down 11.1%
The company has a current ratio of 0.37, a quick ratio of 1.30 and a debt-to-equity ratio of -63.74. The company has a market cap of C$7.46 million, a price-to-earnings ratio of -2.00 and a beta of 0.72. The firm has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.16.
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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