Chesapeake Gold (CVE:CKG) Shares Down 3% – Should You Sell?

Chesapeake Gold Corp. (CVE:CKGGet Free Report)’s share price was down 3% on Monday . The stock traded as low as C$2.44 and last traded at C$2.55. Approximately 34,302 shares changed hands during 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 Stock Performance

The stock has a market cap of C$183.84 million, a PE ratio of -42.50 and a beta of 1.79. The company’s 50-day moving average price is C$2.52 and its two-hundred day moving average price is C$2.02.

Chesapeake Gold Company Profile

(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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