Chesapeake Gold (CVE:CKG) Stock Falls 4.8% – What’s Next?

Chesapeake Gold Corp. (CVE:CKG – Get Free Report) fell 4.8% during trading on Monday. The stock traded as low as C$2.75 and last traded at C$2.76. 24,520 shares traded hands during trading, a decline of 74% from the average daily volume of 95,279 shares. The stock had previously closed at C$2.90.

Chesapeake Gold Price Performance

The company has a market cap of C$212.21 million, a PE ratio of -34.50 and a beta of 1.51. The stock’s 50-day moving average is C$3.39 and its 200 day moving average is C$3.36.

About Chesapeake Gold

(Get Free Report)

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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