Palamina (CVE:PA) Stock Price Up 27.3% – Here’s Why

Palamina Corp. (CVE:PAGet Free Report)’s stock price traded up 27.3% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. 597,411 shares were traded 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 Price Performance

The stock’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.13. The firm has a market capitalization of C$18.16 million, a P/E ratio of -7.17 and a beta of 1.99.

About Palamina

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Palamina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palamina and related companies with MarketBeat.com's FREE daily email newsletter.