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

Chesapeake Gold Corp. (CVE:CKG) insider Alan Nigel Pangbourne sold 28,500 shares of the company’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 sale, the insider owned 7,216,500 shares in the company, valued at C$32,835,075. This represents a 0.39% decrease in their position.

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 shares were sold at an average price of C$4.09, for a total transaction of C$342,742.00.

Chesapeake Gold Trading Up 10.9%

CVE CKG traded up C$0.48 during midday trading on Friday, hitting C$4.90. The company had a trading volume of 271,877 shares, compared to its average volume of 197,638. The firm has a 50-day moving average price of C$3.50 and a 200-day moving average price of C$2.56. The company has a market capitalization of C$353.26 million, a PE ratio of -81.67 and a beta of 1.86. Chesapeake Gold Corp. has a twelve month low of C$0.83 and a twelve month high of C$5.10.

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.