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Playfair Mining plummets 11.8% on high volume March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Playfair Mining Ltd. (TSXV:PLY) has plummeted 1.0c (11.8%) from its last trading session of February 28 to close at 7.50c. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price change was -13.0%. The fall was exacerbated by high volume of 1.9 times the average daily volume of 110,971 shares.

SECTION 1

PLAYFAIR MINING BEARISH SIGNALS

1.1 Fundamentals:

+ Return on Assets has been negative in rec...