Chesapeake Gold (CVE:CKG) Reaches New 12-Month Low – Here’s Why

Chesapeake Gold Corp. (CVE:CKGGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.00 and last traded at C$1.01, with a volume of 10946 shares changing hands. The stock had previously closed at C$1.03.

Chesapeake Gold Stock Down 1.9 %

The company has a market cap of C$69.07 million, a P/E ratio of -12.63 and a beta of 0.94. The business’s 50 day moving average price is C$1.76 and its 200-day moving average price is C$2.04. The company has a debt-to-equity ratio of 0.43, a current ratio of 7.94 and a quick ratio of 19.07.

Chesapeake Gold (CVE:CKGGet Free Report) last issued its quarterly earnings data on Monday, August 26th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Chesapeake Gold Company Profile

(Get Free Report)

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.

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