Chesapeake Gold (CVE:CKG) Trading 32.7% Higher – Here’s What Happened
by Jessica Moore · The Cerbat GemChesapeake Gold Corp. (CVE:CKG – Get Free Report) shares were up 32.7% during mid-day trading on Monday . The company traded as high as C$4.46 and last traded at C$4.38. Approximately 460,369 shares were traded during mid-day trading, an increase of 771% from the average daily volume of 52,882 shares. The stock had previously closed at C$3.30.
Chesapeake Gold Trading Up 32.7%
The company has a 50 day moving average of C$2.51 and a 200 day moving average of C$2.07. The firm has a market cap of C$315.77 million, a price-to-earnings ratio of -73.00 and a beta of 1.79.
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.