Playfair Mining (CVE:PLY) Trading Up 16.7% – Here’s Why

Playfair Mining Ltd. (CVE:PLY) rose 16.7% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 102,984 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 155,710 shares. The stock had previously closed at C$0.03.

Playfair Mining Stock Up 16.7%

The stock has a market capitalization of C$4.95 million, a PE ratio of -1.33 and a beta of 2.01. The business’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

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.