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

Chesapeake Gold Corp. (CVE:CKG)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.90 and last traded at C$0.90, with a volume of 30780 shares. The stock had previously closed at C$0.93.

Chesapeake Gold Price Performance

The stock’s fifty day simple moving average is C$1.46 and its 200-day simple moving average is C$1.84. The stock has a market cap of C$58.82 million, a P/E ratio of -10.75 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.

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.