Chesapeake Gold (CVE:CKG) Trading Down 3% – Here’s What Happened

Chesapeake Gold Corp. (CVE:CKGGet Free Report)’s share price was down 3% during mid-day trading on Monday . The company traded as low as C$2.44 and last traded at C$2.55. Approximately 34,302 shares were traded 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 Trading Up 10.9%

The firm’s 50-day simple moving average is C$2.51 and its 200 day simple moving average is C$2.03. The stock has a market cap of C$198.26 million, a P/E ratio of -45.83 and a beta of 1.79.

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.

Recommended Stories

Receive News & Ratings for Chesapeake Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Gold and related companies with MarketBeat.com's FREE daily email newsletter.