Palamina Corp. (CVE:PA – Get Free Report) shares hit a new 52-week low during trading on Tuesday. The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 60800 shares changing hands. The stock had previously closed at C$0.17.
Palamina Stock Down 29.4%
The stock has a market cap of C$11.19 million, a price-to-earnings ratio of -3.00 and a beta of 0.72. The business’s 50 day moving average is C$0.15 and its 200-day moving average is C$0.16. The company has a debt-to-equity ratio of -63.74, a quick ratio of 1.30 and a current ratio of 0.37.
Palamina Company Profile
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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