Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.17 and traded as low as C$1.05. Chesapeake Gold shares last traded at C$1.05, with a volume of 6,985 shares.
Chesapeake Gold Stock Down 1.9 %
The firm’s fifty day moving average is C$1.16 and its two-hundred day moving average is C$1.34. The firm has a market cap of C$69.83 million, a P/E ratio of -15.18 and a beta of 0.94.
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.
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