Palamina Corp. (CVE:PA – Get Free Report)’s share price was up 30.3% during trading on Saturday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 687,311 shares changed hands during trading, an increase of 540% from the average daily volume of 107,476 shares. The stock had previously closed at C$0.17.
Palamina Price Performance
The firm has a 50 day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.13. The stock has a market cap of C$18.16 million, a price-to-earnings ratio of -7.17 and a beta of 1.99.
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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