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

Playfair Mining Ltd. (CVE:PLYGet Free Report)’s stock price dropped 20% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 301,700 shares traded hands during mid-day trading, an increase of 113% from the average daily volume of 141,866 shares. The stock had previously closed at C$0.03.

Playfair Mining Price Performance

The firm’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The firm has a market capitalization of C$2.61 million, a P/E ratio of -0.76 and a beta of 1.91.

About Playfair Mining

(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.

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