Palamina Corp. (CVE:PA – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 935 shares traded. The stock had previously closed at C$0.10.
Palamina Trading Down 10.0%
The stock has a market cap of C$8.39 million, a price-to-earnings ratio of -2.25 and a beta of 0.72. The company has a quick ratio of 1.30, a current ratio of 0.37 and a debt-to-equity ratio of -63.74. The business has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.15.
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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