Playfair Mining (CVE:PLY) Hits New 1-Year Low – What’s Next?

Playfair Mining Ltd. (CVE:PLY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.05 and last traded at C$0.04, with a volume of 564610 shares changing hands. The stock had previously closed at C$0.06.

Playfair Mining Trading Down 18.2%

The stock has a fifty 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$3.98 million, a price-to-earnings ratio of -4.50 and a beta of 1.18.

About Playfair Mining

(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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