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

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

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