Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) traded up 8.9% during mid-day trading on Tuesday . The stock traded as high as C$3.38 and last traded at C$3.30. 130,474 shares were traded during mid-day trading, a decline of 29% from the average session volume of 184,118 shares. The stock had previously closed at C$3.03.
Chesapeake Gold Stock Performance
The company has a 50 day moving average price of C$3.85 and a 200 day moving average price of C$3.14. The company has a market capitalization of C$251.42 million, a price-to-earnings ratio of -54.50 and a beta of 1.82.
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. Chesapeake Gold Corp. was founded in 1993 and is headquartered in Vancouver, Canada.
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