Shares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) dropped 20% on Tuesday . The stock 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 company has a market capitalization of C$2.61 million, a price-to-earnings ratio of -0.76 and a beta of 1.91. The company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.
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.
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