Shares of Palamina Corp. (CVE:PA – Get Free Report) fell 9.7% during mid-day trading on Monday . The stock traded as low as C$0.14 and last traded at C$0.14. 25,500 shares were traded during trading, a decline of 43% from the average session volume of 45,018 shares. The stock had previously closed at C$0.16.
Palamina Stock Up 6.9 %
The firm has a fifty day moving average of C$0.15 and a 200-day moving average of C$0.13. The stock has a market capitalization of C$11.05 million, a price-to-earnings ratio of 5.17 and a beta of 2.34.
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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