Playfair Mining (CVE:PLY) Trading Up 25% – Should You Buy?

Playfair Mining Ltd. (CVE:PLYGet Free Report)’s share price was up 25% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 108,341 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 175,107 shares. The stock had previously closed at C$0.02.

Playfair Mining Price Performance

The stock has a market capitalization of C$2.83 million, a price-to-earnings ratio of -1.33 and a beta of 1.89. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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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