Chesapeake Gold (CVE:CKG) Insider Sells C$133,980.00 in Stock

Chesapeake Gold Corp. (CVE:CKG) insider Alan Nigel Pangbourne sold 42,000 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of C$3.19, for a total value of C$133,980.00. Following the completion of the transaction, the insider owned 7,328,800 shares in the company, valued at approximately C$23,378,872. This trade represents a 0.57% decrease in their ownership of the stock.

Alan Nigel Pangbourne also recently made the following trade(s):

• On Monday, December 22nd, Alan Nigel Pangbourne sold 83,800 shares of Chesapeake Gold stock. The shares were sold at an average price of C$4.09, for a total value of C$342,742.00.
• On Tuesday, December 23rd, Alan Nigel Pangbourne sold 28,500 shares of Chesapeake Gold stock. The stock was sold at an average price of C$4.55, for a total value of C$129,675.00.

Chesapeake Gold Stock Up 10.9%

CKG traded up C$0.48 during trading on Friday, reaching C$4.90. The company had a trading volume of 271,877 shares, compared to its average volume of 197,638. Chesapeake Gold Corp. has a 52 week low of C$0.83 and a 52 week high of C$5.10. The business has a 50 day simple moving average of C$3.50 and a 200-day simple moving average of C$2.56. The stock has a market cap of C$353.26 million, a P/E ratio of -81.67 and a beta of 1.86.

About Chesapeake Gold

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of precious metal deposits in North and Central America. The company primarily explores for gold and silver deposits. Its flagship project is the Metates project that includes 14 mining concessions covering an area of 14,727 hectares located in Durango State, Mexico. Chesapeake Gold Corp. was founded in 1993 and is headquartered in Vancouver, Canada.