Palamina Corp. (CVE:PA – Get Free Report)’s stock price rose 30.3% on Saturday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 687,311 shares were traded 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 Stock Performance
The company has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.13. The firm has a market capitalization 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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