Playfair Mining (CVE:PLY) Shares Down 33.3% – Should You Sell?

Playfair Mining Ltd. (CVE:PLY)’s share price was down 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 253,000 shares were traded during trading, an increase of 28% from the average daily volume of 197,946 shares. The stock had previously closed at C$0.02.

Playfair Mining Stock Performance

The firm has a market capitalization of C$1.29 million, a P/E ratio of -0.50 and a beta of 1.91. The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02.

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.