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Chesapeake Gold (CVE:CKG) Trading 5.4% Higher - Still a Buy?

Chesapeake Gold logo with Basic Materials background

Chesapeake Gold Corp. (CVE:CKG - Get Free Report) shares traded up 5.4% on Friday . The company traded as high as C$1.97 and last traded at C$1.94. 49,950 shares were traded 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 Stock Performance

The stock's fifty day moving average is C$1.33 and its two-hundred day moving average is C$1.17. The firm has a market capitalization of C$131.52 million, a price-to-earnings ratio of -28.60 and a beta of 0.94.

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.

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