Playfair Mining (CVE:PLY) Stock Price Down 13% – Time to Sell?

Shares of Playfair Mining Ltd. (CVE:PLYGet Free Report) were down 13% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 357,009 shares were traded during mid-day trading, an increase of 113% from the average daily volume of 167,734 shares. The stock had previously closed at C$0.02.

Playfair Mining Trading Down 13.0%

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

About Playfair Mining

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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.

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