Playfair Mining (CVE:PLY) Stock Price Down 20% – What’s Next?

Playfair Mining Ltd. (CVE:PLY)’s stock price was down 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 301,700 shares were traded during trading, an increase of 113% from the average daily volume of 141,866 shares. The stock had previously closed at C$0.03.

Playfair Mining Stock Performance

The firm has a market capitalization of C$2.61 million, a P/E ratio of -0.76 and a beta of 1.91. The firm’s 50-day moving average is C$0.02 and its 200 day moving average is 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.