Chesapeake Gold (CVE:CKG) Trading Up 0.3% - Still a Buy?

Key Points

• Chesapeake Gold Corp. shares experienced a slight increase of 0.3%, trading last at C$2.96 after reaching C$3.10 earlier in the day.
• The company has a market cap of C$213.40 million, a P/E ratio of -74.00, and a beta of 1.59, indicating a higher volatility compared to the market.
• Chesapeake Gold focuses on the exploration and development of precious metal deposits in North and Central America, with its flagship project being the Metates project in Durango, Mexico.

Chesapeake Gold Corp. (CVE:CKG - ) shares were up 0.3% on Tuesday . The stock traded as high as C$3.10 and last traded at C$2.96. Approximately 66,723 shares were traded during trading, an increase of 47% from the average daily volume of 45,408 shares. The stock had previously closed at C$2.95.

Chesapeake Gold Price Performance

The company has a market cap of C$213.40 million, a P/E ratio of -74.00 and a beta of 1.59. The company's 50-day moving average is C$1.88 and its two-hundred day moving average is C$1.49.

About Chesapeake Gold

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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