TSX-V

Palamina Corp.

PA.V•Basic Materials•Gold
Current Price
$0.10
Today's Change
+0.00%
Market Cap
$9.32M
Volume
25.00K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Palamina Corp. focuses on exploring gold, silver, and copper deposits in Peru and Mexico, with its flagship project being the Usicayos. A significant concern is its negative ROA of -297.1%, indicating inefficiency in asset utilization. Additionally, a current ratio of 0.10 suggests liquidity issues, raising questions about its ability to meet short-term obligations. While the low market cap of $9.32M may present an opportunity for growth, the lack of financial stability poses risks for potential investors.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.23
52 Week Low$0.09
Avg Volume22.73K
Beta2.41
Shares Outstanding93.23M

🔥 Valuation

Market Cap$9.32M
Enterprise Value$8.60M
P/E Ratio-2.50
EV/EBITDA ⚠️-2.88x
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $8K in cash but burned $605K last quarter. At this burn rate, only 0.0 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-3.0M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $2.4M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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