Playfair Mining (CVE:PLY) Trading Up 25% – Still a Buy?

Playfair Mining Ltd. (CVE:PLYGet Free Report) shares rose 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 108,341 shares were traded during 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 company has a market cap of C$2.83 million, a price-to-earnings ratio of -1.33 and a beta of 1.89. The business’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

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.

Further Reading

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