Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.18 and traded as low as C$1.16. Chesapeake Gold shares last traded at C$1.25, with a volume of 26,290 shares trading hands.
Chesapeake Gold Stock Performance
The company has a 50 day moving average of C$1.18 and a 200-day moving average of C$1.39. The stock has a market cap of C$84.74 million, a price-to-earnings ratio of -18.43 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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