Playfair Mining (CVE:PLY) Shares Up 30% – What’s Next?

Playfair Mining Ltd. (CVE:PLY)’s share price traded up 30% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 583,770 shares were traded during trading, an increase of 240% from the average daily volume of 171,927 shares. The stock had previously closed at C$0.05.

Playfair Mining Stock Up 20.0%

The company has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.05. The stock has a market capitalization of C$5.31 million, a price-to-earnings ratio of -1.33 and a beta of 1.35.

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. It also holds interest in Folldal Project and Osterdalen Project property.