Chesapeake Gold (CVE:CKG) Stock Price Up 28.1% – Here’s Why

Chesapeake Gold Corp. (CVE:CKG)’s stock price traded up 28.1% on Friday . The stock traded as high as C$2.69 and last traded at C$2.69. 236,155 shares were traded during trading, an increase of 437% from the average session volume of 43,968 shares. The stock had previously closed at C$2.10.

Chesapeake Gold Stock Up 27.6%

The firm has a market cap of C$193.21 million, a PE ratio of -67.00 and a beta of 1.38. The firm’s fifty day simple moving average is C$1.84 and its two-hundred day simple moving average is C$1.47.

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.