Palamina (CVE:PA) Trading Up 5% – What’s Next?

Palamina Corp. (CVE:PAGet Free Report)’s stock price was up 5% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 5,000 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 26,544 shares. The stock had previously closed at C$0.10.

Palamina Stock Up 5.0 %

The firm has a market capitalization of C$7.52 million, a PE ratio of 5.25 and a beta of 2.38. The business’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.15.

Palamina Company Profile

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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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