Chatham Rock Phosphate (CVE:NZP) Hits New 52-Week Low – What’s Next?

Shares of Chatham Rock Phosphate Limited (CVE:NZPGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 13000 shares traded. The stock had previously closed at C$0.05.

Chatham Rock Phosphate Trading Down 11.1%

The company has a market capitalization of C$4.62 million, a P/E ratio of -4.71 and a beta of 0.80. The business’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

About Chatham Rock Phosphate

(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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