Playfair Mining (CVE:PLY) Stock Price Up 25% – What’s Next?

Playfair Mining Ltd. (CVE:PLY) traded up 25% on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 133,000 shares traded hands during 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 Stock Performance

The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The firm has a market capitalization of C$3.53 million, a PE ratio of -1.33 and a beta of 2.01.

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.