Chesapeake Gold (CVE:CKG) Share Price Passes Below 50-Day Moving Average of $2.47

Chesapeake Gold Corp. (CVE:CKGGet Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$2.47 and traded as low as C$2.41. Chesapeake Gold shares last traded at C$2.47, with a volume of 8,080 shares.

Chesapeake Gold Trading Up 2.3 %

The firm has a market cap of C$166.07 million, a price-to-earnings ratio of -27.39 and a beta of 0.86. The company has a debt-to-equity ratio of 0.43, a current ratio of 12.09 and a quick ratio of 19.07. The business has a 50-day moving average of C$2.47 and a 200-day moving average of C$2.08.

Chesapeake Gold (CVE:CKGGet Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported C($0.03) EPS for the quarter.

Insider Buying and Selling

In other Chesapeake Gold news, insider 2176423 Ontario Ltd. bought 41,800 shares of Chesapeake Gold stock in a transaction dated Tuesday, May 28th. The stock was bought at an average cost of C$2.49 per share, for a total transaction of C$104,023.48. Over the last 90 days, insiders acquired 241,800 shares of company stock worth $658,813. Company insiders own 33.23% of the company’s stock.

Chesapeake Gold Company Profile

(Get Free Report)

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.

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