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

Chesapeake Gold Corp. (CVE:CKG) insider Alan Nigel Pangbourne sold 28,500 shares of Chesapeake Gold stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$4.55, for a total transaction of C$129,675.00. Following 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 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 transaction 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

Chesapeake Gold stock opened at C$4.90 on Friday. The company has a market capitalization of C$353.26 million, a P/E ratio of -81.67 and a beta of 1.86. Chesapeake Gold Corp. has a fifty-two week low of C$0.83 and a fifty-two week high of C$5.10. The stock has a 50-day simple moving average of C$3.50 and a 200-day simple moving average of C$2.57.

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.