Chesterfield Resources (LON:CHF) Stock Price Down 13.6% – Time to Sell?

Chesterfield Resources plc (LON:CHF)’s share price dropped 13.6% during mid-day trading on Thursday . The stock traded as low as GBX 0.95 and last traded at GBX 0.95. Approximately 1,205,402 shares changed hands during mid-day trading, an increase of 240% from the average session volume of 355,028 shares. The stock had previously closed at GBX 1.10.

Chesterfield Resources Price Performance

The company has a market cap of £1.78 million, a price-to-earnings ratio of 7.92 and a beta of 1.15. The stock has a 50-day moving average price of GBX 1.02 and a 200 day moving average price of GBX 1.08.

Chesterfield Resources (LON:CHF) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.28 earnings per share (EPS) for the quarter.

About Chesterfield Resources

Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus. The company was incorporated in 2017 and is based in London, the United Kingdom.