Palamina (CVE:PA) Hits New 1-Year High – Here’s What Happened

Palamina Corp. (CVE:PA – Get Free Report)’s stock price reached 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 traded. The stock had previously closed at C$0.19.

Palamina Stock Performance

The firm’s 50-day moving average is C$0.17 and its 200 day moving average is C$0.16. The firm has a market capitalization of C$16.75 million, a PE ratio of 9.75 and a beta of 2.39.

About Palamina

(Get Free Report)

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.

See Also

• Five stocks we like better than Palamina
• What Investors Need to Know to Beat the Market
• 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
• When to Sell a Stock for Profit or Loss
• Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
• Best Stocks Under $10.00
• 4 Quirky ETFs With Big Potential for Impressive Gains