Palamina Corp. (CVE:PA – Get Free Report) fell 6.9% during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. 21,000 shares changed hands 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 6.9 %
The firm has a 50-day moving average of C$0.19 and a 200-day moving average of C$0.17. The stock has a market capitalization of C$9.67 million, a price-to-earnings ratio of 6.75 and a beta of 2.38.
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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