PLMNF
Price:
$0.0971
Market Cap:
$10.39M
Palamina Corp., operating through its subsidiary Palamina S.A. de C.V., specializes in the exploration and development of mineral deposits across Mexico, Canada, and Peru. The company primarily targets gold, copper, and silver resources. In southeastern Peru, Palamina holds full ownership (100%) of several gold projects: Usicayos (14,600 hectares), Bendi (13,400 hectares), Cori (18,000 hectares), and Inca (2,600 hectares). Beyond these, its Peruvian portfolio includes the Tinka iron oxide copper-gold (IOCG) project, covering 1,800 hectares in southern Peru, and the Galena Silver Copper project, which encompasses 10,300 hectares in the southeastern region. Additionally, the company possesses ...[Read more]
Industry
Gold
IPO Date
2016-05-13
Stock Exchange
OTC
Ticker
PLMNF
According to Palamina Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.82. This represents a change of 233.25% compared to the average of 0.55 of the last 4 quarters.
The mean historical Current Ratio of Palamina Corp. over the last ten years is 2.64. The current 1.82 Current Ratio has changed 6.79% with respect to the historical average. Over the past ten years (40 quarters), PLMNF's Current Ratio was at its highest in in the September 2016 quarter at 20.41. The Current Ratio was at its lowest in in the March 2021 quarter at 0.05.
Average
2.64
Median
0.91
Minimum
0.12
Maximum
12.85
Discovering the peaks and valleys of Palamina Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.79%
Maximum Annual Current Ratio = 12.85
Minimum Annual Increase = -91.32%
Minimum Annual Current Ratio = 0.12
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.82 | 394.44% |
| 2024 | 0.37 | -91.32% |
| 2023 | 4.23 | 629.84% |
| 2022 | 0.58 | -88.04% |
| 2021 | 4.85 | 2.79% |
| 2020 | 0.17 | 12.17% |
| 2019 | 0.15 | 22.73% |
| 2018 | 0.12 | -90.10% |
| 2017 | 1.23 | -90.43% |
| 2016 | 12.85 | 7.14% |
The current Current Ratio of Palamina Corp. (PLMNF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.14
5-year avg
2.37
10-year avg
2.64
Palamina Corp.’s Current Ratio is less than BTU Metals Corp. (13.33), greater than VVC Exploration Corporation (0.01), greater than Aurelius Minerals Inc. (1.58), greater than TomaGold Corporation (1.45), less than Harvest Gold Corporation (3.70), greater than Granada Gold Mine Inc. (0.01), greater than Superior Mining International Corporation (0.00), greater than Minera IRL Limited (0.07), greater than Four Nines Gold Inc. (0.04), greater than Zonte Metals Inc. (0.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 13.33 | $5.37M | |
| 0.01 | $4.55M | |
| 1.58 | $16.13K | |
| 1.45 | $6.40M | |
| 3.70 | $3.26M | |
| 0.01 | $4.79M | |
| 0.00 | $2.43M | |
| 0.07 | $2.06M | |
| 0.04 | $19.96M | |
| 0.63 | $6.41M |
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