Palamina Corp. (CVE:PA – Get Free Report)’s share price fell 10% on Wednesday . The company traded as low as C$0.14 and last traded at C$0.14. 39,000 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 56,021 shares. The stock had previously closed at C$0.15.
Palamina Trading Down 10.0 %
The company has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.17. The company has a market capitalization of C$9.67 million, a price-to-earnings ratio of 6.75 and a beta of 2.38.
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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