Chesapeake Gold Corp. (CVE:CKG – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.23 and traded as low as C$3.05. Chesapeake Gold shares last traded at C$3.06, with a volume of 98,038 shares changing hands.
Chesapeake Gold Trading Up 3.7%
The firm’s 50-day moving average price is C$3.23 and its two-hundred day moving average price is C$3.51. The stock has a market cap of C$235.27 million, a PE ratio of -38.25 and a beta of 1.49.
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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