Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) shot up 6.5% during mid-day trading on Tuesday . The company traded as high as C$3.05 and last traded at C$2.96. 42,327 shares were traded during trading, a decline of 68% from the average session volume of 133,480 shares. The stock had previously closed at C$2.78.
Chesapeake Gold Trading Up 16.6%
The business’s 50 day moving average is C$3.42 and its 200 day moving average is C$3.58. The stock has a market capitalization of C$259.87 million, a PE ratio of -42.25 and a beta of 1.44.
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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