Chesterfield Resources (LON:CHF) Trading Up 10% – Here’s What Happened

Chesterfield Resources plc (LON:CHF) shot up 10% during mid-day trading on Thursday . The company traded as high as GBX 1.10 and last traded at GBX 1.10. 168,076 shares traded hands during trading, a decline of 59% from the average session volume of 407,593 shares. The stock had previously closed at GBX 1.

Chesterfield Resources Stock Performance

The firm has a market cap of £2.06 million, a P/E ratio of -1.97 and a beta of 1.16. The stock’s 50-day moving average is GBX 1.15 and its 200 day moving average is GBX 1.05.

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.