Chatham Rock Phosphate (CVE:NZP) Reaches New 12-Month High – Still a Buy?

Chatham Rock Phosphate Limited (CVE:NZPGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 38036 shares trading hands. The stock had previously closed at C$0.06.

Chatham Rock Phosphate Stock Performance

The company has a market capitalization of C$7.50 million, a P/E ratio of -7.65 and a beta of 0.52. The firm’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.05.

Chatham Rock Phosphate Company Profile

(Get Free Report)

Chatham Rock Phosphate Limited operates as a mineral development company in New Zealand, French Polynesia, and Australia. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located in New Zealand; and Makatea phosphate project. The company is based in Wellington, New Zealand.

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