Chatham Rock Phosphate (CVE:NZP) Reaches New 1-Year High – Still a Buy?

Shares of Chatham Rock Phosphate Limited (CVE:NZPGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.07 and last traded at C$0.07, with a volume of 38036 shares traded. The stock had previously closed at C$0.06.

Chatham Rock Phosphate Stock Up 8.3%

The company’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The stock has a market capitalization of C$7.50 million, a PE ratio of -7.65 and a beta of 0.52.

Chatham Rock Phosphate Company Profile

(Get Free Report)

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project. The company is based in Wellington, New Zealand.

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