Palamina Corp. (CVE:PA – Get Free Report)’s stock price shot up 30.3% during mid-day trading on Saturday . The stock traded as high as C$0.22 and last traded at C$0.22. 687,311 shares traded hands during mid-day trading, an increase of 540% from the average session volume of 107,476 shares. The stock had previously closed at C$0.17.
Palamina Stock Up 30.3%
The company has a market capitalization of C$18.16 million, a P/E ratio of -7.17 and a beta of 1.99. The company has a 50-day moving average of C$0.14 and a two-hundred day moving average of C$0.13.
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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