Playfair Mining (CVE:PLY) Stock Price Up 16.7% – Still a Buy?

Playfair Mining Ltd. (CVE:PLYGet Free Report) shares shot up 16.7% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 102,984 shares changed hands during trading, a decline of 34% from the average session volume of 155,710 shares. The stock had previously closed at C$0.03.

Playfair Mining Stock Performance

The company has a market capitalization of C$4.95 million, a P/E ratio of -1.33 and a beta of 2.01. The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

Playfair Mining Company Profile

(Get Free Report)

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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