Chesterfield Resources (LON:CHF) Trading Down 15.2% – Should You Sell?

Chesterfield Resources plc (LON:CHF)’s stock price was down 15.2% during trading on Friday . The company traded as low as GBX 0.82 and last traded at GBX 0.82. Approximately 112,548 shares changed hands during trading, a decline of 73% from the average daily volume of 419,516 shares. The stock had previously closed at GBX 0.97.

Chesterfield Resources Stock Performance

The stock has a market cap of £1.53 million, a price-to-earnings ratio of 6.82 and a beta of 1.15. The firm’s 50-day simple moving average is GBX 0.94 and its two-hundred day simple moving average is GBX 1.12.

Chesterfield Resources (LON:CHF) last announced its earnings results on Thursday, April 30th. The company reported GBX 0.28 earnings per share (EPS) for the quarter.

Chesterfield Resources Company Profile

Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus. The company was incorporated in 2017 and is based in London, the United Kingdom.