Playfair Mining (CVE:PLY) Trading Down 25% – What’s Next?

Playfair Mining Ltd. (CVE:PLY)’s share price dropped 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 200,800 shares changed hands during trading, an increase of 103% from the average daily volume of 98,692 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Up 33.3 %

The firm has a market cap of C$2.57 million, a price-to-earnings ratio of -0.67 and a beta of 1.91. The firm has a fifty day moving average price of C$0.02 and a 200-day moving average price 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.