Shares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) dropped 25% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 420,000 shares were traded during mid-day trading, an increase of 169% from the average daily volume of 156,014 shares. The stock had previously closed at C$0.02.
Playfair Mining Price Performance
The stock has a market cap of C$1.96 million, a price-to-earnings ratio of -0.57 and a beta of 1.91. The stock’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.
Playfair Mining Company Profile
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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