Playfair Mining (CVE:PLY) Stock Price Down 25% – Time to Sell?

Playfair Mining Ltd. (CVE:PLYGet Free Report) shares fell 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 420,000 shares changed hands during trading, an increase of 169% from the average session volume of 156,014 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The stock has a market cap of C$1.96 million, a P/E ratio of -0.57 and a beta of 1.91. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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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