Playfair Mining (CVE:PLY) Stock Falls 11.1% – What’s Next?

Playfair Mining Ltd. (CVE:PLY – Get Free Report) was down 11.1% during trading on Tuesday. The company traded as low as C$0.04 and last traded at C$0.04. Approximately 187,000 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 172,403 shares. The stock had previously closed at C$0.04.

Playfair Mining Price Performance

The company has a market cap of C$3.54 million, a PE ratio of -4.00 and a beta of 0.98. The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05.

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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