Palamina Corp. (CVE:PA – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.19, with a volume of 43000 shares. The stock had previously closed at C$0.19.
Palamina Price Performance
The firm’s 50-day moving average is C$0.17 and its 200-day moving average is C$0.16. The company has a market capitalization of C$12.83 million, a P/E ratio of 9.75 and a beta of 2.39.
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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