Chesterfield Resources (LON:CHF) Trading Up 3.8% – Here’s Why

Shares of Chesterfield Resources plc (LON:CHF) rose 3.8% during trading on Monday . The company traded as high as GBX 0.77 ($0.01) and last traded at GBX 0.77 ($0.01). Approximately 1,130,000 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 1,166,415 shares. The stock had previously closed at GBX 0.74 ($0.01).

Chesterfield Resources Trading Down 6.7%

The company has a market cap of £1.49 million, a price-to-earnings ratio of -0.76 and a beta of 1.16. The stock’s fifty day simple moving average is GBX 0.56 and its 200 day simple moving average is GBX 0.41.

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

Insider Buying and Selling at Chesterfield Resources

In other Chesterfield Resources news, insider Kashif Afzal acquired 2,000,000 shares of the business’s stock in a transaction on Friday, May 23rd. The stock was bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £20,000 ($27,001.49). 28.74% 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.