Chesterfield Resources (LON:CHF) Trading Up 10% – What’s Next?

Chesterfield Resources plc (LON:CHF) shares were up 10% on Thursday . The stock traded as high as GBX 1.10 and last traded at GBX 1.10. Approximately 168,076 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 407,593 shares. The stock had previously closed at GBX 1.

Chesterfield Resources Stock Up 10.0%

The business has a 50-day moving average price of GBX 1.15 and a 200-day moving average price of GBX 1.05. The firm has a market capitalization of £2.06 million, a P/E ratio of -1.97 and a beta of 1.16.

Chesterfield Resources Company Profile

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.