Playfair Mining (CVE:PLY) Shares Down 4.3% – Time to Sell?

Shares of Playfair Mining Ltd. (CVE:PLY) were down 4.3% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 347,009 shares traded hands during mid-day trading, an increase of 107% from the average daily volume of 167,543 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The stock’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$2.83 million, a P/E ratio of -1.33 and a beta of 1.89.

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. It also holds interest in Folldal Project and Osterdalen Project property.