Palamina Corp. (CVE:PA – Get Free Report) was down 10% during mid-day trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 39,000 shares traded hands during trading, a decline of 30% from the average daily volume of 56,021 shares. The stock had previously closed at C$0.15.
Palamina Price Performance
The stock has a market cap of C$10.74 million, a P/E ratio of 7.50 and a beta of 2.38. The stock’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is 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.
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