Chesapeake Gold (CVE:CKG) Reaches New 12-Month Low – Time to Sell?

Chesapeake Gold Corp. (CVE:CKGGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.90 and last traded at C$0.90, with a volume of 30780 shares traded. The stock had previously closed at C$0.93.

Chesapeake Gold Price Performance

The company has a quick ratio of 19.07, a current ratio of 7.94 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of C$61.55 million, a PE ratio of -11.25 and a beta of 0.94. The stock’s 50-day moving average is C$1.50 and its 200 day moving average is C$1.86.

Chesapeake Gold Company Profile

(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.

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