Palamina Corp. (CVE:PA – Get Free Report) traded down 6.9% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. 21,000 shares were traded during mid-day trading, a decline of 62% from the average session volume of 55,432 shares. The stock had previously closed at C$0.15.
Palamina Trading Down 7.4 %
The business has a fifty day moving average of C$0.19 and a two-hundred day moving average of C$0.17. The company has a market cap of C$8.95 million, a price-to-earnings ratio of 6.25 and a beta of 2.38.
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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