Chatham Rock Phosphate (CVE:NZP) Sets New 12-Month Low – Here’s What Happened

Chatham Rock Phosphate Limited (CVE:NZP) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 17793 shares. The stock had previously closed at C$0.05.

Chatham Rock Phosphate Stock Performance

The business’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$4.62 million, a PE ratio of -4.71 and a beta of 0.69.

Chatham Rock Phosphate Company Profile

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project. The company is based in Wellington, New Zealand.