Chesapeake Gold (CVE:CKG) Reaches New 12-Month Low – What’s Next?

Shares of Chesapeake Gold Corp. (CVE:CKGGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$1.00 and last traded at C$1.01, with a volume of 10946 shares changing hands. The stock had previously closed at C$1.03.

Chesapeake Gold Price Performance

The firm’s 50-day moving average price is C$1.77 and its 200 day moving average price is C$2.05. The company has a current ratio of 7.94, a quick ratio of 19.07 and a debt-to-equity ratio of 0.43. The company has a market capitalization of C$70.44 million, a price-to-earnings ratio of -12.88 and a beta of 0.94.

Chesapeake Gold (CVE:CKGGet Free Report) last issued its earnings results on Monday, August 26th. The company reported C($0.01) earnings per share for the quarter.

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.

Featured Articles

Receive News & Ratings for Chesapeake Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Gold and related companies with MarketBeat.com's FREE daily email newsletter.