Chesapeake Gold (CVE:CKG) Stock Price Down 1% – Should You Sell?

Chesapeake Gold Corp. (CVE:CKGGet Free Report) shares fell 1% on Monday . The company traded as low as C$3.07 and last traded at C$3.09. 17,384 shares changed hands during trading, a decline of 85% from the average session volume of 113,865 shares. The stock had previously closed at C$3.12.

Chesapeake Gold Stock Performance

The firm has a market capitalization of C$236.81 million, a P/E ratio of -38.50 and a beta of 1.49. The stock’s 50 day simple moving average is C$3.25 and its 200 day simple moving average is C$3.56.

About Chesapeake Gold

(Get Free Report)

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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