Chesterfield Resources (LON:CHF) Trading Down 15.3% – Should You Sell?

Chesterfield Resources plc (LON:CHF)’s stock price dropped 15.3% on Monday . The company traded as low as GBX 0.72 and last traded at GBX 0.72. Approximately 122,176 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 445,776 shares. The stock had previously closed at GBX 0.85.

Chesterfield Resources Stock Down 15.3%

The firm has a market cap of £1.35 million, a price-to-earnings ratio of -1.29 and a beta of 1.15. The stock’s 50 day moving average is GBX 1.09 and its 200 day moving average is GBX 1.10.

About Chesterfield Resources

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.