Chesapeake Gold Corp. (CVE:CKG – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.81 and last traded at C$0.85, with a volume of 67518 shares trading hands. The stock had previously closed at C$0.85.
Chesapeake Gold Stock Performance
The stock’s 50-day moving average price is C$1.32 and its 200-day moving average price is C$1.76. The company has a market cap of C$58.13 million, a P/E ratio of -10.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.43, a current ratio of 7.94 and a quick ratio of 19.07.
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.
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