Chesapeake Gold Corp. (CVE:CKG – Get Free Report)’s stock price rose 20.9% during trading on Monday . The stock traded as high as C$4.12 and last traded at C$3.99. Approximately 170,752 shares traded hands during trading, an increase of 233% from the average daily volume of 51,324 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Stock Up 30.6%
The firm’s 50 day moving average price is C$2.51 and its two-hundred day moving average price is C$2.07. The firm has a market capitalization of C$310.72 million, a PE ratio of -71.83 and a beta of 1.79.
About Chesapeake Gold
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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