Chesapeake Gold (CVE:CKG) Shares Pass Below Fifty Day Moving Average of $2.15

Shares of Chesapeake Gold Corp. (CVE:CKG) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.15 and traded as low as C$1.91. Chesapeake Gold shares last traded at C$1.91, with a volume of 14,619 shares.

Chesapeake Gold Stock Up 0.5 %

The company has a debt-to-equity ratio of 0.43, a current ratio of 9.90 and a quick ratio of 19.07. The company has a market capitalization of C$130.62 million, a price-to-earnings ratio of -21.22 and a beta of 0.91. The firm’s 50-day simple moving average is C$2.14 and its two-hundred day simple moving average is C$2.17.

Chesapeake Gold (CVE:CKG) last released its quarterly earnings results on Tuesday, May 28th. The company reported C($0.01) earnings per share for the quarter.

Insider Buying and Selling at Chesapeake Gold

In other Chesapeake Gold news, insider 2176423 Ontario Ltd. purchased 100,000 shares of Chesapeake Gold stock in a transaction on Wednesday, May 22nd. The shares were bought at an average price of C$2.58 per share, with a total value of C$257,520.00. 32.91% of the stock is currently owned by insiders.

Chesapeake Gold Company Profile

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of gold-silver deposits in North and South America. Its flagship project is the Metates project that includes 12 contiguous mining concessions covering an area of totaling 4,260.7 located in Durango State, Mexico.