Chesapeake Gold Corp. (CVE:CKG - Get Free Report) shares traded up 5.4% on Friday . The stock traded as high as C$1.97 and last traded at C$1.94. 49,950 shares traded hands during trading, an increase of 79% from the average session volume of 27,885 shares. The stock had previously closed at C$1.84.
Chesapeake Gold Trading Up 3.1%
The stock has a fifty day moving average of C$1.33 and a 200-day moving average of C$1.18. The firm has a market capitalization of C$135.59 million, a price-to-earnings ratio of -29.48 and a beta of 0.94.
About Chesapeake Gold
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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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