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

Playfair Mining Ltd. (CVE:PLY) shares traded down 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 200,800 shares were traded 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 Up 33.3 %

The stock has a market capitalization of C$2.57 million, a P/E ratio of -0.67 and a beta of 1.91. The stock has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

Playfair Mining Company Profile

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.