Chesapeake Gold Corp. (CVE:CKG – Get Free Report) shares dropped 1% on Monday . The company traded as low as C$3.07 and last traded at C$3.09. 17,384 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 113,865 shares. The stock had previously closed at C$3.12.
Chesapeake Gold Stock Performance
The company has a 50-day simple moving average of C$3.25 and a 200-day simple moving average of C$3.57. The company has a market cap of C$237.58 million, a price-to-earnings ratio of -38.62 and a beta of 1.49.
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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