Playfair Mining (CVE:PLY) Stock Price Down 20% – Here’s What Happened

Shares of Playfair Mining Ltd. (CVE:PLY) traded down 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 294,816 shares were traded during mid-day trading, an increase of 73% from the average session volume of 170,138 shares. The stock had previously closed at C$0.03.

Playfair Mining Trading Up 25.0%

The company has a market cap of C$3.53 million, a P/E ratio of -1.33 and a beta of 1.89. The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03.

About Playfair Mining

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.