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

Playfair Mining Ltd. (CVE:PLYGet Free Report)’s share price was down 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 301,700 shares traded hands during 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 Stock Performance

The stock has a market cap of C$2.61 million, a price-to-earnings ratio of -0.76 and a beta of 1.91. The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02.

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.

Further Reading

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