Chesapeake Gold Corp. (CVE:CKG – Get Free Report)’s stock price rose 20.9% on Monday . The company traded as high as C$4.12 and last traded at C$3.99. Approximately 170,752 shares traded hands during trading, an increase of 233% from the average daily volume of 51,324 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Trading Up 30.6%
The firm has a market capitalization of C$310.72 million, a price-to-earnings ratio of -71.83 and a beta of 1.79. The business has a 50-day moving average price of C$2.51 and a two-hundred day moving average price of C$2.07.
Chesapeake Gold Company Profile
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. Chesapeake Gold Corp. was founded in 1993 and is headquartered in Vancouver, Canada.
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