Playfair Mining (CVE:PLY) Shares Down 25% – Here’s Why

Playfair Mining Ltd. (CVE:PLYGet Free Report) shares dropped 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 200,800 shares traded hands during trading, an increase of 103% from the average daily volume of 98,692 shares. The stock had previously closed at C$0.02.

Playfair Mining Trading Up 33.3 %

The stock has a market cap of C$2.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.91. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

Playfair Mining Company Profile

(Get Free Report)

Playfair Mining Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It explores for copper, zinc, and nickel. The company holds a 100% interest in the Grey River Tungsten property that consisting of various mineral claims covering an area of 1,750 hectares located in southern Newfoundland, Canada; and holds a 100% interest in the RKV Cu-Co-Ni Project located in in south-central Norway.

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