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Chesapeake Gold (CVE:CKG) Stock Price Up 2.6% - Should You Buy?

Chesapeake Gold logo with Basic Materials background

Key Points

  • Chesapeake Gold Corp. (CVE:CKG) shares increased by 2.6% during mid-day trading, reaching a last traded price of C$1.95.
  • The company's market capitalization is approximately C$140.58 million, with a negative price-to-earnings ratio of -48.75.
  • Chesapeake Gold primarily focuses on the exploration and development of gold and silver deposits in North and Central America, with its flagship project being the Metates project in Durango, Mexico.
  • MarketBeat previews top five stocks to own in November.

Chesapeake Gold Corp. (CVE:CKG - Get Free Report)'s stock price traded up 2.6% during mid-day trading on Monday . The stock traded as high as C$2.00 and last traded at C$1.95. 48,593 shares traded hands during trading, an increase of 29% from the average session volume of 37,620 shares. The stock had previously closed at C$1.90.

Chesapeake Gold Stock Performance

The company has a 50-day moving average price of C$1.81 and a 200-day moving average price of C$1.40. The firm has a market capitalization of C$125.44 million, a price-to-earnings ratio of -43.50 and a beta of 1.38.

About Chesapeake Gold

(Get Free Report)

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.

See Also

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