Chesapeake Gold Corp. (CVE:CKG – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of C$3.30 and traded as low as C$2.61. Chesapeake Gold shares last traded at C$2.78, with a volume of 66,847 shares traded.
Chesapeake Gold Trading Down 2.5%
The firm has a market capitalization of C$213.74 million, a price-to-earnings ratio of -34.75 and a beta of 1.93. The stock’s 50 day moving average price is C$3.30 and its two-hundred day moving average price is C$3.33.
Chesapeake Gold Company Profile
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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