Playfair Mining (CVE:PLY) Shares Down 13% – Here’s What Happened

Shares of Playfair Mining Ltd. (CVE:PLY) traded down 13% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 357,009 shares were traded 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 Price Performance

The company’s 50-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 capitalization 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.