Chesterfield Resources (LON:CHF) Stock Price Down 14.8% – Here’s What Happened

Chesterfield Resources plc (LON:CHF) was down 14.8% during trading on Thursday . The company traded as low as GBX 0.70 and last traded at GBX 0.72. Approximately 1,113,638 shares changed hands during mid-day trading, an increase of 170% from the average daily volume of 412,439 shares. The stock had previously closed at GBX 0.85.

Chesterfield Resources Stock Down 9.5%

The firm has a market capitalization of £1.36 million, a price-to-earnings ratio of -1.30 and a beta of 1.15. The firm’s 50 day moving average is GBX 1.02 and its 200 day moving average is GBX 1.11.

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.