Chesapeake Gold (CVE:CKG) Share Price Passes Below 50-Day Moving Average of $2.09

Chesapeake Gold Corp. (CVE:CKG – Get Rating) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$2.09 and traded as low as C$1.96. Chesapeake Gold shares last traded at C$2.15, with a volume of 4,201 shares changing hands.

Chesapeake Gold Stock Up 4.4 %

The company has a market cap of C$144.85 million, a PE ratio of -26.88 and a beta of 0.85. The company has a quick ratio of 19.07, a current ratio of 19.35 and a debt-to-equity ratio of 0.43. The firm’s fifty day simple moving average is C$2.09 and its 200-day simple moving average is C$2.05.

Chesapeake Gold Company Profile

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Chesapeake Gold Corp., a mineral exploration and development company, focuses on the discovery, acquisition, and development of gold and silver deposits in North and Central America. The company also explores for zinc ores. The company's flagship project is the Metates project, which comprises 12 mineral concessions totaling 4,261 hectares located in Durango State, Mexico.