Palamina (CVE:PA) Shares Up 30.3% – Time to Buy?

Palamina Corp. (CVE:PAGet Free Report) shares traded up 30.3% during mid-day trading on Saturday . The stock traded as high as C$0.22 and last traded at C$0.22. 687,311 shares traded hands during trading, an increase of 540% from the average session volume of 107,476 shares. The stock had previously closed at C$0.17.

Palamina Trading Up 30.3%

The company has a market capitalization of C$18.16 million, a PE ratio of -7.17 and a beta of 1.99. The business has a fifty day moving average of C$0.14 and a 200 day moving average of C$0.13.

About Palamina

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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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