Playfair Mining (CVE:PLY) Trading Down 7.7% – Should You Sell?

Playfair Mining Ltd. (CVE:PLYGet Free Report)’s stock price was down 7.7% during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 265,022 shares changed hands during mid-day trading, an increase of 61% from the average daily volume of 164,815 shares. The stock had previously closed at C$0.07.

Playfair Mining Price Performance

The business has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The firm has a market capitalization of C$5.31 million, a P/E ratio of -6.00 and a beta of 1.38.

Playfair Mining Company Profile

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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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