Playfair Mining (CVE:PLY) Shares Up 28.6% – Time to Buy?

Playfair Mining Ltd. (CVE:PLYGet Free Report) shot up 28.6% on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 345,500 shares traded hands during trading, an increase of 128% from the average session volume of 151,777 shares. The stock had previously closed at C$0.04.

Playfair Mining Stock Up 14.3%

The stock has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.02. The firm has a market cap of C$5.65 million, a PE ratio of -1.33 and a beta of 1.69.

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.

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