Playfair Mining (CVE:PLY) Reaches New 52-Week Low – Here’s What Happened

Shares of Playfair Mining Ltd. (CVE:PLY – Get Free Report) hit a new 52-week low on Tuesday. The company traded as low as C$0.05 and last traded at C$0.04, with a volume of 564610 shares changing hands. The stock had previously closed at C$0.06.

Playfair Mining Stock Performance

The stock has a market cap of C$3.98 million, a price-to-earnings ratio of -4.50 and a beta of 1.18. The stock’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

About Playfair Mining

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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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