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Playfair Mining shares jumped 16.7% to C$0.04 despite lower trading volume, with a reverse split set for March 2, 2026.
Playfair Mining (CVE:PLY) shares rose 16.7% on Wednesday, reaching a high of C$0.04 and closing at that level, up from C$0.03, despite a 34% drop in trading volume to 102,984 shares.
The company, an exploration-stage miner focused on copper, zinc, and nickel, holds key projects in Newfoundland and Norway.
With a market cap of C$4.95 million and a beta of 2.01, the stock’s surge occurred amid broader market activity, though no clear catalyst was identified.
A reverse stock split is scheduled for March 2, 2026.
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Las acciones de Playfair Mining subieron un 16,7% a C $ 0,04 a pesar del menor volumen de operaciones, con una división inversa fijada para el 2 de marzo de 2026.