Chesapeake Gold Corp. (CVE:CKG – Get Free Report) was up 32.7% during mid-day trading on Monday . The company traded as high as C$4.46 and last traded at C$4.38. Approximately 460,369 shares traded hands during trading, an increase of 771% from the average daily volume of 52,837 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Price Performance
The business’s 50 day moving average price is C$2.59 and its 200 day moving average price is C$2.13. The stock has a market capitalization of C$307.12 million, a P/E ratio of -71.00 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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