Palamina Corp. (CVE:PA – Get Free Report)’s stock price 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 15,600 shares trading hands. The stock had previously closed at C$0.10.
Palamina Stock 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 company’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. The firm has a market capitalization of C$7.46 million, a PE ratio of -2.00 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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