Playfair Mining (CVE:PLY) Trading Up 25% – Time to Buy?

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

Playfair Mining Price Performance

The firm has a market cap of C$3.53 million, a P/E ratio of -1.33 and a beta of 2.01. The stock’s 50 day moving average is C$0.02 and its two-hundred day 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. It also holds interest in Folldal Project and Osterdalen Project property.

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