Chesterfield Resources plc (LON:CHF – Get Free Report)’s share price rose 53.1% during mid-day trading on Friday after an insider bought additional shares in the company. The stock traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02). Approximately 788,555 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 1,322,971 shares. The stock had previously closed at GBX 0.98 ($0.01).
Specifically, insider Paul Ensor acquired 300,000 shares of Chesterfield Resources stock in a transaction that occurred on Thursday, October 16th. The stock was acquired at an average price of GBX 1 per share, with a total value of £3,000. Also, insider Paul Ensor acquired 90,881 shares of Chesterfield Resources stock in a transaction that occurred on Thursday, October 16th. The stock was acquired at an average cost of GBX 1 per share, with a total value of £908.81. In other Chesterfield Resources news, insider Paul Ensor acquired 394,535 shares of Chesterfield Resources stock in a transaction that occurred on Thursday, October 16th. The stock was acquired at an average price of GBX 1 per share, with a total value of £3,945.35.
Chesterfield Resources Stock Up 41.7%
The business has a 50-day simple moving average of GBX 0.77 and a two-hundred day simple moving average of GBX 0.68. The company has a market cap of £2.17 million, a price-to-earnings ratio of -248.48 and a beta of 1.16.
Chesterfield Resources Company Profile
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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