Playfair Mining (CVE:PLY) Trading Up 25% – Time to Buy?

Shares of Playfair Mining Ltd. (CVE:PLYGet Free Report) were up 25% during trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 133,000 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 118,500 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.03. The stock has a market capitalization of C$3.53 million, a price-to-earnings ratio of -1.33 and a beta of 2.01.

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

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