Chesterfield Resources (LON:CHF) Shares Down 21.7% – Time to Sell?

Chesterfield Resources plc (LON:CHFGet Free Report)’s share price fell 21.7% on Tuesday . The company traded as low as GBX 0.90 and last traded at GBX 0.90. Approximately 1,353,314 shares traded hands during mid-day trading, an increase of 282% from the average daily volume of 353,883 shares. The stock had previously closed at GBX 1.15.

Chesterfield Resources Stock Down 21.7%

The company has a 50 day simple moving average of GBX 1.06 and a 200 day simple moving average of GBX 1.06. The company has a market capitalization of £1.69 million, a price-to-earnings ratio of 7.50 and a beta of 1.21.

Chesterfield Resources (LON:CHFGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported GBX 0.28 earnings per share (EPS) for the quarter.

About Chesterfield Resources

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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. The company was incorporated in 2017 and is based in London, the United Kingdom.

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