Palamina Corp. (CVE:PA – Get Free Report) shares traded down 5.6% on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.17. 21,000 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 37,152 shares. The stock had previously closed at C$0.18.
Palamina Trading Down 5.6 %
The firm has a fifty day moving average of C$0.16 and a two-hundred day moving average of C$0.14. The company has a market cap of C$12.12 million, a PE ratio of 5.67 and a beta of 2.39.
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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