Chesapeake Gold (CVE:CKG) Trading Up 3.5%

Chesapeake Gold Corp. (CVE:CKG) traded up 3.5% during trading on Monday . The company traded as high as C$1.84 and last traded at C$1.79. 12,800 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 17,433 shares. The stock had previously closed at C$1.73.

Chesapeake Gold Price Performance

The firm has a fifty day moving average price of C$1.95 and a two-hundred day moving average price of C$2.19. The company has a quick ratio of 19.07, a current ratio of 7.94 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of C$122.42 million, a P/E ratio of -22.38 and a beta of 0.94.

Chesapeake Gold Company Profile

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of gold-silver deposits in North and South America. Its flagship project is the Metates project that includes 12 contiguous mining concessions covering an area of totaling 4,260.7 located in Durango State, Mexico.