Chesapeake Gold (CVE:CKG) Reaches New 12-Month High – Here’s Why

by · The Markets Daily

Shares of Chesapeake Gold Corp. (CVE:CKG – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$4.65 and last traded at C$4.48, with a volume of 167197 shares trading hands. The stock had previously closed at C$4.38.

Chesapeake Gold Stock Down 6.8%

The firm’s fifty day moving average price is C$2.59 and its 200-day moving average price is C$2.13. The stock has a market cap of C$307.12 million, a P/E ratio of -71.00 and a beta of 1.79.

Chesapeake Gold Company Profile

(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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