Chesterfield Resources (LON:CHF) Trading Up 23.1% – Still a Buy?

Chesterfield Resources plc (LON:CHF) was up 23.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 1,674 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 246,010 shares. The stock had previously closed at GBX 0.33 ($0.00).

Chesterfield Resources Stock Up 23.1 %

The business’s 50-day moving average price is GBX 0.35 and its 200-day moving average price is GBX 0.31. The firm has a market capitalization of £849,042.35, a PE ratio of -0.43 and a beta of 1.16.

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.