Palamina Corp. (CVE:PA – Get Free Report) shares were down 11.1% during trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 172,000 shares changed hands during trading, an increase of 172% from the average daily volume of 63,209 shares. The stock had previously closed at C$0.18.
Palamina Price Performance
The stock has a market capitalization of C$13.52 million, a PE ratio of -5.33 and a beta of 1.69. The company has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.17.
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.
Further Reading
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