Palamina Corp. (PA.V)
Palamina Corp. operates in the Gold industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.16, up 6.67% on the session, giving a market capitalisation of $14.9M. Its beta of 2.55 implies it has historically moved more than the broad market.
Palamina Corp., operating through its subsidiary Palamina S.A. de C.V., is a mineral exploration company primarily focused on discovering gold, copper, and silver deposits across Mexico, Canada, and Peru. The company maintains 100% ownership of a robust set of projects in Peru, notably four gold projects in the southeastern region: Usicayos (14,600 hectares), Bendi (13,400 hectares), Cori (18,000 hectares), and Inca (2,600 hectares). Further strengthening its Peruvian presence, Palamina also fully owns the Tinka iron oxide copper-gold project (1,800 hectares) in the country's south and the Galena silver-copper project (10,300 hectares), also in the southeast. Beyond Peru, the company holds the El Santuario property in Mexico's Cardonal district, Hidalgo State. Founded in 2015, Palamina Corp. is headquartered in Toronto, Canada.
Palamina Corp. is most often compared with the following Basic Materials names: