Playfair Mining (CVE:PLY) Shares Down 4.3% – Time to Sell?

Playfair Mining Ltd. (CVE:PLY)’s share price traded down 4.3% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 347,009 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 167,543 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The business has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The stock has a market capitalization of C$2.83 million, a price-to-earnings ratio of -1.33 and a beta of 1.89.

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. It also holds interest in Folldal Project and Osterdalen Project property.