Chesterfield Resources (LON:CHF) Stock Price Down 7.1% – Here’s What Happened

Chesterfield Resources plc (LON:CHF)’s stock price traded down 7.1% during trading on Monday . The stock traded as low as GBX 1.10 and last traded at GBX 1.30. 383,773 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 660,938 shares. The stock had previously closed at GBX 1.40.

Chesterfield Resources Price Performance

The company has a market capitalization of £2.08 million, a PE ratio of -1.99 and a beta of 1.16. The company has a 50-day moving average of GBX 1.29 and a two-hundred day moving average of GBX 0.97.

Insider Buying and Selling at Chesterfield Resources

In related news, insider Paul Ensor acquired 1,143,673 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was bought at an average cost of GBX 1 per share, for a total transaction of £11,436.73. Over the last 90 days, insiders bought 1,929,089 shares of company stock worth $1,929,089. 35.40% of the stock is owned by insiders.

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. The company was incorporated in 2017 and is based in London, the United Kingdom.