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Playfair Mining shares jumped 25% to C$0.03 on heavy volume, with no stated reason.
Playfair Mining (CVE:PLY) shares rose 25% on Tuesday, closing at C$0.03 after reaching a high of that level, up from C$0.02 the previous day, with trading volume at 133,000 shares—12% above average.
The exploration-stage mining company, focused on copper, zinc, nickel, and tungsten, owns properties in Newfoundland, Canada, and Norway.
It has a market cap of C$3.53 million, a negative P/E ratio of -1.33, and a beta of 2.01, indicating high volatility.
The 50-day moving average is C$0.02, and the 200-day average is C$0.03.
No specific reason for the price surge was provided.
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Las acciones de Playfair Mining saltaron un 25% a C $ 0.03 en un volumen elevado, sin ninguna razón indicada.