Insider Selling: Chesapeake Gold (CVE:CKG) Insider Sells C$129,675.00 in Stock

Chesapeake Gold Corp. (CVE:CKG) insider Alan Nigel Pangbourne sold 28,500 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of C$4.55, for a total transaction of C$129,675.00. Following the completion of the transaction, the insider directly owned 7,216,500 shares of the company’s stock, valued at approximately C$32,835,075. The trade was a 0.39% decrease in their ownership of the stock.

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

• On Friday, December 19th, Alan Nigel Pangbourne sold 42,000 shares of Chesapeake Gold stock. The shares were sold at an average price of C$3.19, for a total value of C$133,980.00.
• On Monday, December 22nd, Alan Nigel Pangbourne sold 83,800 shares of Chesapeake Gold stock. The stock was sold at an average price of C$4.09, for a total value of C$342,742.00.

Chesapeake Gold Stock Performance

CVE:CKG opened at C$4.45 on Tuesday. The stock has a market cap of C$320.81 million, a price-to-earnings ratio of -74.17 and a beta of 1.86. Chesapeake Gold Corp. has a one year low of C$0.83 and a one year high of C$5.18. The business’s 50-day simple moving average is C$3.55 and its 200 day simple moving average is C$2.59.

Chesapeake Gold Company Profile

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.