Shares of Palamina Corp. (CVE:PA – Get Free Report) 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. The stock had previously closed at C$0.10.
Palamina Price Performance
The company has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.15. The firm has a market capitalization of C$9.32 million, a PE ratio of -2.50 and a beta of 0.72. The company has a debt-to-equity ratio of -63.74, a current ratio of 0.37 and a quick ratio of 1.30.
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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