Palamina Corp. (CVE:PA – Get Free Report)’s share price shot up 10.5% on Friday . The company traded as high as C$0.21 and last traded at C$0.21. 93,500 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 83,673 shares. The stock had previously closed at C$0.19.
Palamina Trading Up 10.5%
The stock has a 50-day moving average price of C$0.17 and a 200 day moving average price of C$0.14. The stock has a market capitalization of C$17.74 million, a price-to-earnings ratio of -7.00 and a beta of 2.29.
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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