Playfair Mining (CVE:PLY) Trading Down 14.3% – Here’s What Happened

Playfair Mining Ltd. (CVE:PLY)’s stock price fell 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 247,000 shares were traded during mid-day trading, an increase of 87% from the average session volume of 132,231 shares. The stock had previously closed at C$0.04.

Playfair Mining Stock Down 14.3%

The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$4.24 million, a price-to-earnings ratio of -1.33 and a beta of 2.01.

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.