Chesapeake Gold Corp. (CVE:CKG - Get Free Report) shares dropped 3.6% on Friday . The company traded as low as C$1.05 and last traded at C$1.07. Approximately 11,142 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 21,261 shares. The stock had previously closed at C$1.11.
Chesapeake Gold Stock Performance
The firm has a market cap of C$72.54 million, a price-to-earnings ratio of -15.77 and a beta of 0.94. The business has a fifty day moving average of C$0.98 and a two-hundred day moving average of C$1.06.
Chesapeake Gold Company Profile
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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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