Palamina Corp. (CVE:PA – Get Free Report) shares were up 30.3% on Saturday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 687,311 shares traded 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 Trading Up 30.3%
The company has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.13. The company has a market capitalization of C$18.16 million, a price-to-earnings ratio of -7.17 and a beta of 1.99.
Palamina Company Profile
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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