Chesapeake Gold (CVE:CKG) Hits New 12-Month Low – Here’s What Happened

Chesapeake Gold Corp. (CVE:CKGGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$1.45 and last traded at C$1.45, with a volume of 46922 shares traded. The stock had previously closed at C$1.66.

Chesapeake Gold Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 19.07 and a current ratio of 7.94. The firm has a 50 day moving average of C$1.86 and a two-hundred day moving average of C$2.10. The stock has a market cap of C$73.18 million, a P/E ratio of -13.88 and a beta of 0.94.

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

About Chesapeake Gold

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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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