Chesterfield Resources (LON:CHF) Trading 4.3% Higher – Still a Buy?

Chesterfield Resources plc (LON:CHFGet Free Report) shares traded up 4.3% on Thursday . The stock traded as high as GBX 1.20 and last traded at GBX 1.20. 538,339 shares were traded during mid-day trading, an increase of 31% from the average session volume of 412,107 shares. The stock had previously closed at GBX 1.15.

Chesterfield Resources Stock Performance

The business’s 50 day moving average price is GBX 1.12 and its 200-day moving average price is GBX 1.09. The firm has a market cap of £2.25 million, a price-to-earnings ratio of -2.15 and a beta of 1.16.

Chesterfield Resources Company Profile

(Get Free Report)

Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus. The company was incorporated in 2017 and is based in London, the United Kingdom.

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