Chesterfield Resources (LON:CHF) Stock Price Down 14% – Should You Sell?

Chesterfield Resources plc (LON:CHF) fell 14% during mid-day trading on Friday . The stock traded as low as GBX 0.90 and last traded at GBX 0.90. 47,223 shares changed hands during trading, a decline of 87% from the average session volume of 376,393 shares. The stock had previously closed at GBX 1.05.

Chesterfield Resources Price Performance

The company has a market capitalization of £1.69 million, a P/E ratio of 7.53 and a beta of 1.22. The stock’s 50 day moving average is GBX 1.10 and its 200-day moving average is GBX 1.05.

Chesterfield Resources (LON:CHF) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX 0.28 EPS for the quarter.

Chesterfield Resources Company Profile

Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus. The company was incorporated in 2017 and is based in London, the United Kingdom.