Playfair Mining (CVE:PLY) Trading Up 25% – Here’s Why

Playfair Mining Ltd. (CVE:PLY) shares were up 25% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 133,000 shares were traded during trading, an increase of 12% from the average daily volume of 118,500 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Up 25.0%

The firm has a market cap of C$3.53 million, a PE ratio of -1.33 and a beta of 2.01. The business has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of 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. It also holds interest in Folldal Project and Osterdalen Project property.