Chesterfield Resources (LON:CHF) Trading Down 23.1% – Should You Sell?

Chesterfield Resources plc (LON:CHFGet Free Report) dropped 23.1% during mid-day trading on Friday . The stock traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 230,205 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 260,678 shares. The stock had previously closed at GBX 0.33 ($0.00).

Chesterfield Resources Price Performance

The business’s 50 day simple moving average is GBX 0.35 and its 200-day simple moving average is GBX 0.30. The stock has a market capitalization of £530,651.47, a P/E ratio of -0.27 and a beta of 1.16.

Chesterfield Resources Company Profile

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Chesterfield Resources plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Cyprus. The company primarily explores for copper and gold. It has a 100% interest in twelve permits covering an area of 50 square kilometers, as well as applications covering an area of 186 square kilometers with total covering area of 235 square kilometers in Cyprus.

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