2176423 Ontario Ltd. Acquires 100,000 Shares of Chesapeake Gold Corp. (CVE:CKG) Stock

Chesapeake Gold Corp. (CVE:CKGGet Free Report) insider 2176423 Ontario Ltd. purchased 100,000 shares of the stock in a transaction on Wednesday, May 22nd. The shares were purchased at an average cost of C$2.58 per share, with a total value of C$257,520.00.

2176423 Ontario Ltd. also recently made the following trade(s):

  • On Friday, May 17th, 2176423 Ontario Ltd. purchased 100,000 shares of Chesapeake Gold stock. The shares were purchased at an average cost of C$2.97 per share, with a total value of C$297,270.00.

Chesapeake Gold Trading Down 1.6 %

CKG stock traded down C$0.04 during trading on Thursday, reaching C$2.50. 3,305 shares of the stock traded hands, compared to its average volume of 23,633. The business’s 50 day moving average price is C$2.33 and its 200-day moving average price is C$2.01. Chesapeake Gold Corp. has a 52-week low of C$1.06 and a 52-week high of C$3.22. The company has a debt-to-equity ratio of 0.43, a current ratio of 12.09 and a quick ratio of 19.07. The firm has a market capitalization of C$168.43 million, a PE ratio of -28.22 and a beta of 0.86.

Chesapeake Gold (CVE:CKGGet Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported C($0.03) earnings per share (EPS) for the quarter.

About Chesapeake Gold

(Get Free Report)

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of gold-silver deposits in North and South America. Its flagship project is the Metates project that includes 12 contiguous mining concessions covering an area of totaling 4,260.7 located in Durango State, Mexico.

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