The stock of Chesapeake Gold Corp. (CVE:CKG) is a huge mover today! About 36,259 shares traded hands or 62.95% up from the average. Chesapeake Gold Corp. (CVE:CKG) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 5 months negative chart setup for the $181.59 million company. It was reported on Nov, 16 by Barchart.com. We have $3.38 PT which if reached, will make CVE:CKG worth $23.61 million less.
More important recent Chesapeake Gold Corp. (CVE:CKG) news were published by: Investorintel.com which released: “Mining Strategist Ecclestone on his “Buy” Recommendation on Chesapeake Gold Corp.” on March 29, 2016, also Business.Financialpost.com published article titled: “Podcast: Chesapeake Gold Corp CEO Randy Reifel on the 18.5 million-ounce …”, Investorintel.com published: “Chesapeake Gold measures up to Novagold in peer-to-peer comparison” on October 06, 2015. More interesting news about Chesapeake Gold Corp. (CVE:CKG) was released by: Investorintel.com and their article: “The Water Rush: Chesapeake Gold to use desalinated process water at Metates” with publication date: June 26, 2015.
Chesapeake Gold Corp. is a development-stage company. The company has a market cap of $181.59 million. The Firm is a mining firm focused on the exploration, development and recovery of precious metals. It currently has negative earnings. The Company’s activities are the development of its Metates gold-silver project and generating a pipeline of exploration projects in north western Mexico.
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