Chesapeake Gold (CVE:CKG) Shares Down 28.4% – Should You Sell?

Chesapeake Gold Corp. (CVE:CKGGet Free Report)’s share price fell 28.4% during trading on Tuesday . The company traded as low as C$2.90 and last traded at C$3.05. 144,990 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 144,647 shares. The stock had previously closed at C$4.26.

Chesapeake Gold Stock Performance

The firm has a market cap of C$240.65 million, a P/E ratio of -44.71 and a beta of 2.13. The stock has a fifty day simple moving average of C$3.44 and a 200 day simple moving average of C$3.48.

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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