Playfair Mining (CVE:PLY) Shares Up 40% – Here’s What Happened

Playfair Mining Ltd. (CVE:PLYGet Free Report)’s stock price shot up 40% during trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.04. 1,782,039 shares were traded during mid-day trading, an increase of 1,291% from the average session volume of 128,154 shares. The stock had previously closed at C$0.03.

Playfair Mining Stock Up 40.0%

The business’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$4.95 million, a PE ratio of -1.33 and a beta of 1.69.

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.

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