Chesterfield Resources (LON:CHF) Trading Down 10.5% – What’s Next?

Chesterfield Resources plc (LON:CHFGet Free Report)’s share price fell 10.5% on Wednesday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.36 ($0.00). 354,896 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 219,737 shares. The stock had previously closed at GBX 0.40 ($0.00).

Chesterfield Resources Price Performance

The business has a 50 day simple moving average of GBX 0.29 and a 200 day simple moving average of GBX 0.33. The company has a market capitalization of £466,581.40, a price-to-earnings ratio of -35.80 and a beta of 1.16.

Chesterfield Resources Company Profile

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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.

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