Chesterfield Resources (LON:CHF) Trading Up 13.3% – Should You Buy?

Chesterfield Resources plc (LON:CHF) shares were up 13.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.40 ($0.00) and last traded at GBX 0.34 ($0.00). Approximately 289,006 shares traded hands during mid-day trading, an increase of 94% from the average daily volume of 148,633 shares. The stock had previously closed at GBX 0.30 ($0.00).

Chesterfield Resources Trading Up 13.3 %

The stock’s 50 day moving average is GBX 0.28 and its 200-day moving average is GBX 0.34. The company has a market cap of £443,122.00, a P/E ratio of -34.00 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.