Palamina Corp. (CVE:PA – Get Free Report) traded up 27.3% during mid-day trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. 597,411 shares traded hands during trading, an increase of 574% from the average session volume of 88,701 shares. The stock had previously closed at C$0.17.
Palamina Trading Up 30.3%
The company has a market cap of C$18.16 million, a price-to-earnings ratio of -7.17 and a beta of 1.99. The stock has a 50-day simple moving average of C$0.14 and a 200-day simple moving average of C$0.13.
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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