Chesapeake Gold (CVE:CKG) Stock Price Down 3% – What’s Next?

by · The Markets Daily

Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) were down 3% during mid-day trading on Monday . The company traded as low as C$2.44 and last traded at C$2.55. Approximately 34,302 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 49,777 shares. The stock had previously closed at C$2.63.

Chesapeake Gold Price Performance

The company has a 50 day moving average of C$2.52 and a 200-day moving average of C$2.02. The company has a market cap of C$183.84 million, a P/E ratio of -42.50 and a beta of 1.79.

About Chesapeake Gold

(Get Free Report)

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of precious metal deposits in North and Central America. The company primarily explores for gold and silver deposits. Its flagship project is the Metates project that includes 14 mining concessions covering an area of 14,727 hectares located in Durango State, Mexico.

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