Alan Nigel Pangbourne Sells 28,500 Shares of Chesapeake Gold (CVE:CKG) Stock

Chesapeake Gold Corp. (CVE:CKG) insider Alan Nigel Pangbourne sold 28,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of C$4.55, for a total value 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 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 stock was 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 transaction of C$342,742.00.

Chesapeake Gold Price Performance

CVE:CKG opened at C$4.90 on Monday. The company has a 50 day moving average price of C$3.50 and a 200-day moving average price of C$2.57. Chesapeake Gold Corp. has a 1-year low of C$0.83 and a 1-year high of C$5.10. The firm has a market cap of C$353.26 million, a price-to-earnings 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.