Shares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) dropped 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 413,816 shares traded hands during trading, an increase of 138% from the average daily volume of 174,158 shares. The stock had previously closed at C$0.03.
Playfair Mining Price Performance
The firm has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The company has a market capitalization of C$2.83 million, a price-to-earnings ratio of -1.33 and a beta of 1.89.
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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