Shares of Palamina Corp. (CVE:PA – Get Free Report) traded down 3.8% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.13. 49,000 shares traded hands during trading, an increase of 25% from the average session volume of 39,251 shares. The stock had previously closed at C$0.13.
Palamina Trading Down 3.8 %
The stock has a market cap of C$8.91 million, a P/E ratio of -6.25 and a beta of 2.42. The firm has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.11.
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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