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Chesapeake Gold

TSXV:CKG
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CKG
TSXV
CA$89M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Chesapeake Gold Corp., a development stage company, focuses on the exploration and development of precious metals projects in North and Central America. The last earnings update was 115 days ago. More info.


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CKG Share Price and Events
7 Day Returns
-3.4%
TSXV:CKG
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-30.6%
TSXV:CKG
-3.9%
CA Metals and Mining
2.6%
CA Market
CKG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chesapeake Gold (CKG) -3.4% -4.8% 25% -30.6% -1.5% -35.9%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • CKG underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • CKG underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
CKG
Industry
5yr Volatility vs Market

CKG Value

 Is Chesapeake Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Chesapeake Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chesapeake Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chesapeake Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CKG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.05
TSXV:CKG Share Price ** TSXV (2019-03-22) in CAD CA$2
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chesapeake Gold.

TSXV:CKG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CKG Share Price ÷ EPS (both in CAD)

= 2 ÷ -0.05

-36.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Chesapeake Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Chesapeake Gold's expected growth come at a high price?
Raw Data
TSXV:CKG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -36.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chesapeake Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chesapeake Gold's assets?
Raw Data
TSXV:CKG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$1.86
TSXV:CKG Share Price * TSXV (2019-03-22) in CAD CA$2
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:CKG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CKG Share Price ÷ Book Value per Share (both in CAD)

= 2 ÷ 1.86

1.07x

* Primary Listing of Chesapeake Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Gold is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Chesapeake Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Chesapeake Gold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CKG Future Performance

 How is Chesapeake Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chesapeake Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chesapeake Gold expected to grow at an attractive rate?
  • Unable to compare Chesapeake Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Chesapeake Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Chesapeake Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CKG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CKG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CKG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 -1 -2
2017-12-31 -1 -2
2017-09-30 -1 -3
2017-06-30 -1 -4
2017-03-31 -1 -4
2016-12-31 -2 -4
2016-09-30 -2 -6
2016-06-30 -2 -6
2016-03-31 -2 -6
2015-12-31 -2 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Chesapeake Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Chesapeake Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:CKG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chesapeake Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CKG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.05
2017-09-30 -0.07
2017-06-30 -0.08
2017-03-31 -0.09
2016-12-31 -0.09
2016-09-30 -0.13
2016-06-30 -0.13
2016-03-31 -0.14
2015-12-31 -0.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chesapeake Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Chesapeake Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Chesapeake Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Chesapeake Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Chesapeake Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chesapeake Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CKG Past Performance

  How has Chesapeake Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chesapeake Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chesapeake Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chesapeake Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chesapeake Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Chesapeake Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chesapeake Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CKG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -2.44 2.98
2018-06-30 -2.32 2.97
2018-03-31 -2.29 2.89
2017-12-31 -2.18 3.08
2017-09-30 -3.14 3.18
2017-06-30 -3.51 3.59
2017-03-31 -4.01 4.05
2016-12-31 -4.19 4.10
2016-09-30 -5.86 4.28
2016-06-30 -5.81 4.38
2016-03-31 -6.17 4.61
2015-12-31 -5.97 5.10
2015-09-30 -4.82 5.68
2015-06-30 -4.69 5.55
2015-03-31 -4.24 5.08
2014-12-31 -4.43 4.75
2014-09-30 -6.02 4.44
2014-06-30 -6.37 4.66
2014-03-31 -6.70 5.12
2013-12-31 -7.00 5.51
2013-09-30 -6.87 5.83
2013-06-30 -7.07 6.17
2013-03-31 -7.48 6.55
2012-12-31 -7.95 6.67
2012-09-30 -3.41 5.93
2012-06-30 -3.19 5.35
2012-03-31 -2.79 4.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chesapeake Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Chesapeake Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Chesapeake Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chesapeake Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chesapeake Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CKG Health

 How is Chesapeake Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chesapeake Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chesapeake Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chesapeake Gold's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chesapeake Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 26.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chesapeake Gold Company Filings, last reported 5 months ago.

TSXV:CKG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 84.87 0.70 17.92
2018-06-30 85.55 0.70 18.80
2018-03-31 85.22 0.70 19.50
2017-12-31 86.32 0.70 20.65
2017-09-30 85.73 0.70 22.21
2017-06-30 85.99 0.70 23.03
2017-03-31 86.77 0.70 23.61
2016-12-31 87.34 0.70 23.28
2016-09-30 87.97 0.75 24.20
2016-06-30 87.71 0.75 24.29
2016-03-31 85.03 0.75 24.79
2015-12-31 86.07 0.75 26.16
2015-09-30 87.94 0.75 27.43
2015-06-30 88.68 0.75 28.67
2015-03-31 89.82 0.75 31.52
2014-12-31 89.42 0.75 31.47
2014-09-30 91.09 0.86 33.53
2014-06-30 91.30 0.75 25.30
2014-03-31 91.97 0.75 35.71
2013-12-31 92.81 0.74 37.87
2013-09-30 94.42 0.73 38.71
2013-06-30 94.78 0.73 40.45
2013-03-31 95.46 0.72 42.37
2012-12-31 97.05 0.71 44.38
2012-09-30 98.17 0.70 44.48
2012-06-30 98.47 2.53 41.88
2012-03-31 99.09 2.27 44.85
  • Chesapeake Gold's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.8% vs 0.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Chesapeake Gold has sufficient cash runway for more than 3 years based on current free cash flow.
  • Chesapeake Gold has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.7% each year.
X
Financial health checks
We assess Chesapeake Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chesapeake Gold has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CKG Dividends

 What is Chesapeake Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chesapeake Gold dividends.
If you bought CA$2,000 of Chesapeake Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chesapeake Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chesapeake Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CKG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chesapeake Gold has not reported any payouts.
  • Unable to verify if Chesapeake Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chesapeake Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chesapeake Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chesapeake Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chesapeake Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chesapeake Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CKG Management

 What is the CEO of Chesapeake Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
P. Reifel
COMPENSATION CA$250,000
AGE 65
CEO Bio

Mr. P. Randy Reifel has been the President of Chesapeake Gold Corp. since April 2002 and also serves as its Acting Chief Executive Officer. Mr. Reifel has been the President of Gunpoint Exploration Ltd. since March 2015. In 1993, he founded and served as President of Francisco Gold Corp. from February 1984 to July 2002. He has been the Chairman of Gunpoint Exploration Ltd. since November 8, 2010. He serves as the Chairman of the Board at Chesapeake Gold Corp. He has been a Director of Chesapeake Gold Corp., since April 18, 2002. He has been an Independent Director of GoldCorp Inc. since November 15, 2006. He served as a Director of Francisco Gold Corp. from February 1984 to July 2002 and Glamis Gold Ltd. since July 16, 2002. He is a member of the NACD and the ICD. Mr. Reifel holds a Bachelor of Commerce degree and a Masters of Science in Business Administration from University of British Columbia.

CEO Compensation
  • P.'s compensation has been consistent with company performance over the past year.
  • P.'s remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Chesapeake Gold management team in years:

8.7
Average Tenure
64.5
Average Age
  • The average tenure for the Chesapeake Gold management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

P. Reifel

TITLE
President
COMPENSATION
CA$250K
AGE
65

Sam Wong

TITLE
Chief Financial Officer
COMPENSATION
CA$80K
AGE
33
TENURE
7.1 yrs

Gerald Sneddon

TITLE
Executive VP of Operations & Director
COMPENSATION
CA$42K
AGE
87
TENURE
16.9 yrs

Alberto Galicia

TITLE
Vice President of Exploration
COMPENSATION
CA$154K
TENURE
4 yrs

Bernard Poznanski

TITLE
Corporate Secretary
AGE
64

Gary Parkison

TITLE
Vice President of Development
COMPENSATION
CA$153K
TENURE
10.3 yrs
Board of Directors Tenure

Average tenure and age of the Chesapeake Gold board of directors in years:

16.9
Average Tenure
65
Average Age
  • The average tenure for the Chesapeake Gold board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

P. Reifel

TITLE
President
COMPENSATION
CA$250K
AGE
65

Gerald Sneddon

TITLE
Executive VP of Operations & Director
COMPENSATION
CA$42K
AGE
87
TENURE
16.9 yrs

Greg Smith

TITLE
Director
AGE
42
TENURE
5.3 yrs

John Perston

TITLE
Independent Director
TENURE
16.9 yrs

Dan Kunz

TITLE
Independent Director
AGE
65
TENURE
16.9 yrs

Lian Li

TITLE
Director
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
06. Sep 18 Sell Lian Li Individual 06. Sep 18 06. Sep 18 -1,000 CA$1.86 CA$-1,860
X
Management checks
We assess Chesapeake Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chesapeake Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CKG News

Simply Wall St News

Do Institutions Own Chesapeake Gold Corp (CVE:CKG) Shares?

The big shareholder groups in Chesapeake Gold Corp (CVE:CKG) have power over the company. … Chesapeake Gold is a smaller company with a market capitalization of CA$91m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Chesapeake Gold

Simply Wall St -

Who Owns Chesapeake Gold Corp (CVE:CKG)?

In this analysis, my focus will be on developing a perspective on Chesapeake Gold Corp’s (CVE:CKG) latest ownership structure, a less discussed, but important factor. … Ownership structure of a company has been found to affect share performance over time. … See our latest analysis for Chesapeake Gold

Simply Wall St -

CKG Company Info

Description

Chesapeake Gold Corp., a development stage company, focuses on the exploration and development of precious metals projects in North and Central America. The company primarily explores for gold, silver, and zinc deposits. Its primary asset is the 100% owned Metates gold-silver project, which comprises 14 mineral concessions totaling 14,727 hectares located in Durango State, Mexico. The company was incorporated in 2002 and is headquartered in Vancouver, Canada.

Details
Name: Chesapeake Gold Corp.
CKG
Exchange: TSXV
Founded: 2002
CA$89,148,000
44,574,000
Website: http://www.chesapeakegold.com
Address: Chesapeake Gold Corp.
1512 Yew Street,
Suite 201,
Vancouver,
British Columbia, V6K 3E4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CKG Common Shares TSX Venture Exchange CA CAD 19. Jul 2002
OTCPK CHPG.F Common Shares Pink Sheets LLC US USD 19. Jul 2002
DB CKG Common Shares Deutsche Boerse AG DE EUR 19. Jul 2002
Number of employees
Current staff
Staff numbers
0
Chesapeake Gold employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:45
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.