Playfair Mining (CVE:PLY) Shares Down 13% – What’s Next?

Playfair Mining Ltd. (CVE:PLY) shares fell 13% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 357,009 shares changed hands during trading, an increase of 113% from the average session volume of 167,734 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Down 13.0%

The firm has a market cap of C$2.83 million, a price-to-earnings ratio of -1.33 and a beta of 1.89. The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03.

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.