Playfair Mining Stock Today

PLY Stock  CAD 0.02  0.00  0.00%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 60

 
High
 
Low
Above Average
Playfair Mining is selling for under 0.02 as of the 24th of June 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. Playfair Mining has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Playfair Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2024 and ending today, the 24th of June 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Playfair Mining Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1988 and is based in Vancouver, Canada. PLAYFAIR MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 127.95 M outstanding shares of which 1.69 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions. More on Playfair Mining

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Playfair Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Playfair Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Playfair Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanDonald Moore
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Air, Recreation, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Playfair Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Playfair Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Playfair Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Playfair Mining's financial leverage. It provides some insight into what part of Playfair Mining's total assets is financed by creditors.
Liquidity
Playfair Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Playfair Mining has accumulated 249.99 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Playfair Mining has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Playfair Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Playfair Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Playfair Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Playfair to invest in growth at high rates of return. When we think about Playfair Mining's use of debt, we should always consider it together with cash and equity.

Net Income

(331,871)
Playfair Mining (PLY) is traded on TSX Venture Exchange in Canada and employs 2 people. Playfair Mining is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Playfair Mining's market, we take the total number of its shares issued and multiply it by Playfair Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Playfair Mining classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 127.95 M outstanding shares of which 1.69 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions. Playfair Mining has accumulated about 100.11 K in cash with (113.91 K) of positive cash flow from operations.
Check Playfair Mining Probability Of Bankruptcy
Ownership Allocation
Playfair Mining has a total of 127.95 Million outstanding shares. Playfair Mining has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Playfair Ownership Details

Playfair Mining Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Playfair Mining market risk premium is the additional return an investor will receive from holding Playfair Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Playfair Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Playfair Mining's alpha and beta are two of the key measurements used to evaluate Playfair Mining's performance over the market, the standard measures of volatility play an important role as well.

Playfair Stock Against Markets

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Additional Tools for Playfair Stock Analysis

When running Playfair Mining's price analysis, check to measure Playfair Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Playfair Mining is operating at the current time. Most of Playfair Mining's value examination focuses on studying past and present price action to predict the probability of Playfair Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playfair Mining's price. Additionally, you may evaluate how the addition of Playfair Mining to your portfolios can decrease your overall portfolio volatility.