Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) were down 28.4% during trading on Tuesday . The company traded as low as C$2.90 and last traded at C$3.05. Approximately 144,990 shares changed hands during trading, an increase of 0% from the average daily volume of 144,647 shares. The stock had previously closed at C$4.26.
Chesapeake Gold Stock Down 26.8%
The company has a market capitalization of C$239.88 million, a PE ratio of -44.57 and a beta of 2.13. The company’s 50 day moving average is C$3.46 and its two-hundred day moving average is C$3.47.
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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