Playfair Mining (CVE:PLY) Trading Down 25% – Here’s Why

Playfair Mining Ltd. (CVE:PLYGet Free Report) fell 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 200,800 shares traded hands during trading, an increase of 103% from the average session volume of 98,692 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The firm has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market cap of C$1.93 million, a P/E ratio of -0.50 and a beta of 1.91.

About Playfair Mining

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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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