Chesapeake Gold (CVE:CKG) Hits New 1-Year Low - Should You Sell?

Chesapeake Gold Corp. (CVE:CKG - Get Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.90 and last traded at C$0.90, with a volume of 30780 shares changing hands. The stock had previously closed at C$0.93.

Chesapeake Gold Price Performance

The company has a market cap of C$61.55 million, a price-to-earnings ratio of -11.25 and a beta of 0.94. 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 company's 50 day moving average price is C$1.50 and its 200-day moving average price is C$1.86.

Chesapeake Gold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.