Chesapeake Gold (CVE:CKG) Stock Price Up 30.9% – Should You Buy?

Chesapeake Gold Corp. (CVE:CKGGet Free Report) traded up 30.9% during trading on Monday . The stock traded as high as C$4.38 and last traded at C$4.32. 337,063 shares were traded during trading, an increase of 544% from the average session volume of 52,324 shares. The stock had previously closed at C$3.30.

Chesapeake Gold Stock Performance

The stock has a 50 day moving average of C$2.59 and a two-hundred day moving average of C$2.13. The stock has a market cap of C$307.12 million, a PE ratio of -71.00 and a beta of 1.79.

About Chesapeake Gold

(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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