Chesapeake Gold (CVE:CKG) Shares Pass Below Fifty Day Moving Average of $2.15

Chesapeake Gold Corp. (CVE:CKG)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.15 and traded as low as C$1.91. Chesapeake Gold shares last traded at C$1.91, with a volume of 14,619 shares changing hands.

Chesapeake Gold Stock Up 0.5 %

The stock has a market cap of C$130.62 million, a P/E ratio of -21.22 and a beta of 0.91. The company has a current ratio of 9.90, a quick ratio of 19.07 and a debt-to-equity ratio of 0.43. The firm’s fifty day moving average is C$2.14 and its 200 day moving average is C$2.17.

Chesapeake Gold (CVE:CKG) last posted its quarterly earnings data on Tuesday, May 28th. The company reported C($0.01) earnings per share for the quarter.

Insider Activity

In related news, insider 2176423 Ontario Ltd. bought 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were acquired at an average price of C$2.58 per share, with a total value of C$257,520.00. 32.91% of the stock is owned by company insiders.

About Chesapeake Gold

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.