Palamina Corp. (CVE:PA – Get Free Report) traded up 5% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.11. 10,000 shares traded hands during trading, an increase of 86% from the average session volume of 5,375 shares. The stock had previously closed at C$0.10.
Palamina Stock Performance
The stock’s fifty day moving average is C$0.13 and its two-hundred day moving average is C$0.16. The firm has a market capitalization of C$7.52 million, a price-to-earnings ratio of 5.25 and a beta of 2.38.
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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