Playfair Mining (CVE:PLY) Stock Price Down 7.7% – Here’s What Happened
by Danessa Lincoln · The Markets DailyShares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) fell 7.7% on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. 265,022 shares were traded during trading, an increase of 61% from the average daily volume of 164,815 shares. The stock had previously closed at C$0.07.
Playfair Mining Stock Up 9.1%
The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$5.31 million, a price-to-earnings ratio of -6.00 and a beta of 1.38.
About Playfair Mining
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.