Chesterfield Resources (LON:CHF) Trading Down 24.5% – Here’s Why

Chesterfield Resources plc (LON:CHFGet Free Report) shares dropped 24.5% on Tuesday . The stock traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). Approximately 2,603,203 shares were traded during mid-day trading, an increase of 260% from the average daily volume of 723,522 shares. The stock had previously closed at GBX 0.80 ($0.01).

Chesterfield Resources Trading Down 24.5%

The firm has a market capitalization of £1.27 million, a PE ratio of -0.65 and a beta of 1.16. The firm has a 50-day moving average of GBX 0.48 and a two-hundred day moving average of GBX 0.38.

Chesterfield Resources (LON:CHFGet Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported GBX (0.64) (($0.01)) EPS for the quarter.

About Chesterfield Resources

(Get Free Report)

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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