Palamina Corp. (CVE:PA – Get Free Report) was up 5% on Monday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 10,750 shares changed hands during trading, a decline of 84% from the average daily volume of 66,721 shares. The stock had previously closed at C$0.20.
Palamina Stock Up 5.0%
The stock’s 50-day simple moving average is C$0.19 and its 200 day simple moving average is C$0.16. The company has a market cap of C$17.74 million, a price-to-earnings ratio of -7.00 and a beta of 1.91.
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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