Playfair Mining (CVE:PLY) Stock Price Down 20% – Here’s What Happened

Playfair Mining Ltd. (CVE:PLY)’s share price dropped 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 413,816 shares changed hands during mid-day trading, an increase of 138% from the average daily volume of 174,158 shares. The stock had previously closed at C$0.03.

Playfair Mining Stock Performance

The stock has a market cap of C$3.53 million, a PE ratio of -1.33 and a beta of 1.89. The firm’s 50-day moving average is C$0.03 and its 200 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.