Playfair Mining (CVE:PLY) Trading Down 15.4% – What’s Next?

Playfair Mining Ltd. (CVE:PLY – Get Free Report) traded down 15.4% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.06. 188,000 shares traded hands during trading, an increase of 17% from the average session volume of 160,577 shares. The stock had previously closed at C$0.07.

Playfair Mining Price Performance

The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The firm has a market cap of C$4.87 million, a price-to-earnings ratio of -5.50 and a beta of 1.18.

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

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