Chesapeake Gold Corp. (CVE:CKG – Get Free Report)’s share price was up 31.2% during mid-day trading on Monday . The stock traded as high as C$4.35 and last traded at C$4.33. Approximately 306,157 shares were traded during trading, an increase of 487% from the average daily volume of 52,129 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Trading Up 28.8%
The firm’s fifty day simple moving average is C$2.51 and its two-hundred day simple moving average is C$2.07. The company has a market capitalization of C$306.40 million, a price-to-earnings ratio of -70.83 and a beta of 1.79.
About Chesapeake Gold
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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