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

Chesapeake Gold Corp. (CVE:CKG) insider 2176423 Ontario Ltd. purchased 100,000 shares of the firm’s stock in a transaction dated Friday, May 17th. The stock was purchased at an average cost of C$2.97 per share, for a total transaction of C$297,270.00.

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

• On Wednesday, May 22nd, 2176423 Ontario Ltd. bought 100,000 shares of Chesapeake Gold stock. The shares were acquired at an average price of C$2.58 per share, with a total value of C$257,520.00.

Chesapeake Gold Stock Performance

CVE:CKG opened at C$2.38 on Friday. The stock has a market cap of C$160.34 million, a P/E ratio of -26.44 and a beta of 0.86. The company has a quick ratio of 19.07, a current ratio of 12.09 and a debt-to-equity ratio of 0.43. The business’s 50-day moving average price is C$2.33 and its two-hundred day moving average price is C$2.02. Chesapeake Gold Corp. has a twelve month low of C$1.06 and a twelve month high of C$3.22.

Chesapeake Gold (CVE:CKG) last announced its earnings results on Tuesday, April 23rd. The company reported C($0.03) earnings per share for the quarter.

About Chesapeake Gold

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.