Shares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) dropped 25% during trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 420,000 shares traded hands during mid-day trading, an increase of 169% from the average daily volume of 156,014 shares. The stock had previously closed at C$0.02.
Playfair Mining Trading Down 25.0 %
The company has a market capitalization of C$1.96 million, a price-to-earnings ratio of -0.57 and a beta of 1.91. The business’s 50 day moving average price is C$0.02 and its two-hundred day moving average price 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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