Palamina Corp. (CVE:PA – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 935 shares changing hands. The stock had previously closed at C$0.10.
Palamina Price Performance
The firm’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.15. 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 stock has a market cap of C$9.32 million, a PE 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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