Chesterfield Resources (LON:CHF) Stock Price Down 6.3% – Should You Sell?

Chesterfield Resources plc (LON:CHF)’s stock price traded down 6.3% during trading on Tuesday . The stock traded as low as GBX 0.74 ($0.01) and last traded at GBX 0.75 ($0.01). 150,113 shares were traded during mid-day trading, a decline of 86% from the average session volume of 1,086,506 shares. The stock had previously closed at GBX 0.80 ($0.01).

Chesterfield Resources Price Performance

The company’s 50 day simple moving average is GBX 0.70 and its 200 day simple moving average is GBX 0.64. The firm has a market cap of £1.09 million, a price-to-earnings ratio of -125.22 and a beta of 1.16.

Chesterfield Resources (LON:CHF) last posted its quarterly earnings results on Friday, September 5th. The company reported GBX (0.06) EPS for the quarter.

Chesterfield Resources Company Profile

Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus.