Palamina (CVE:PA) Hits New 52-Week Low – What’s Next?

Palamina Corp. (CVE:PAGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 99000 shares trading hands. The stock had previously closed at C$0.10.

Palamina Trading Up 5.3 %

The company has a market cap of C$6.48 million, a price-to-earnings ratio of -3.30 and a beta of 2.38. The business has a fifty day moving average of C$0.10 and a two-hundred day moving average of C$0.14.

Palamina Company Profile

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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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