Chesapeake Gold Corp. (CVE:CKG – Get Free Report) shares traded up 30.9% on Monday . The company traded as high as C$4.38 and last traded at C$4.32. 337,813 shares changed hands during mid-day trading, an increase of 546% from the average session volume of 52,324 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Price Performance
The stock has a market capitalization of C$314.33 million, a P/E ratio of -72.67 and a beta of 1.79. The stock’s 50-day simple moving average is C$2.51 and its 200 day simple moving average is C$2.07.
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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