CKG Stock Overview
Chesapeake Gold Corp., a mineral exploration and development company, focuses on the discovery, acquisition, and development of gold and silver deposits in North and Central America.
Chesapeake Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$2.00|
|52 Week High||CA$4.11|
|52 Week Low||CA$1.80|
|1 Month Change||-4.76%|
|3 Month Change||-13.04%|
|1 Year Change||-44.29%|
|3 Year Change||-35.28%|
|5 Year Change||-46.95%|
|Change since IPO||14.29%|
Recent News & Updates
Here's Why We're Not Too Worried About Chesapeake Gold's (CVE:CKG) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|CKG||CA Metals and Mining||CA Market|
Return vs Industry: CKG underperformed the Canadian Metals and Mining industry which returned -7.9% over the past year.
Return vs Market: CKG underperformed the Canadian Market which returned -6.6% over the past year.
|CKG Average Weekly Movement||12.9%|
|Metals and Mining Industry Average Movement||11.7%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||18.1%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: CKG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: CKG's weekly volatility (13%) has been stable over the past year.
About the Company
Chesapeake Gold Corp., a mineral exploration and development company, focuses on the discovery, acquisition, and development of gold and silver deposits in North and Central America. The company also explores for zinc ores. The company’s flagship project is the Metates project, which comprises 12 mineral concessions totaling 4,261 hectares located in Durango State, Mexico.
Chesapeake Gold Fundamentals Summary
|CKG fundamental statistics|
Is CKG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CKG income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.089|
|Net Profit Margin||0.00%|
How did CKG perform over the long term?See historical performance and comparison
Is CKG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CKG?
Other financial metrics that can be useful for relative valuation.
|What is CKG's n/a Ratio?|
Price to Book Ratio vs Peers
How does CKG's PB Ratio compare to its peers?
|CKG PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
VOX Vox Royalty
SCZ Santacruz Silver Mining
MPVD Mountain Province Diamonds
GSVR Guanajuato Silver
CKG Chesapeake Gold
Price-To-Book vs Peers: CKG is good value based on its Price-To-Book Ratio (0.8x) compared to the peer average (2.6x).
Price to Earnings Ratio vs Industry
How does CKG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: CKG is good value based on its Price-To-Book Ratio (0.8x) compared to the Canadian Metals and Mining industry average (1.5x)
Price to Book Ratio vs Fair Ratio
What is CKG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||0.8x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate CKG's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CKG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate CKG's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate CKG's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Chesapeake Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
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 SimplyWall St do have past financial data.
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- 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.
- Chesapeake Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Chesapeake Gold performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CKG is currently unprofitable.
Growing Profit Margin: CKG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CKG is unprofitable, and losses have increased over the past 5 years at a rate of 19.4% per year.
Accelerating Growth: Unable to compare CKG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CKG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).
Return on Equity
High ROE: CKG has a negative Return on Equity (-3.84%), as it is currently unprofitable.
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How is Chesapeake Gold's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CKG's short term assets (CA$30.5M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: CKG's short term assets (CA$30.5M) exceed its long term liabilities (CA$8.4M).
Debt to Equity History and Analysis
Debt Level: CKG is debt free.
Reducing Debt: CKG has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
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.
Stable Cash Runway: CKG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CKG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.1% each year
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What is Chesapeake Gold current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Chesapeake Gold Dividend Yield vs Market|
|Company (Chesapeake Gold)||n/a|
|Market Bottom 25% (CA)||2.0%|
|Market Top 25% (CA)||6.1%|
|Industry Average (Metals and Mining)||2.6%|
|Analyst forecast in 3 Years (Chesapeake Gold)||n/a|
Notable Dividend: Unable to evaluate CKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CKG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CKG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CKG's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CKG has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alan Pangbourne (61 yo)
Mr. Alan N. Pangbourne, B.Ap.Sc., ICD D, has been an Independent Non-Executive Director of OceanaGold Corporation since October 01, 2022. He serves as Chief Executive Officer and Director at Chesapeake Gol...
CEO Compensation Analysis
|Alan Pangbourne's Compensation vs Chesapeake Gold Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||CA$350k||CA$350k|
Compensation vs Market: Alan's total compensation ($USD254.93K) is above average for companies of similar size in the Canadian market ($USD176.17K).
Compensation vs Earnings: Insufficient data to compare Alan's compensation with company performance.
Experienced Management: CKG's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: CKG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Chesapeake Gold Corp.'s employee growth, exchange listings and data sources
- Name: Chesapeake Gold Corp.
- Ticker: CKG
- Exchange: TSXV
- Founded: 1993
- Industry: Precious Metals and Minerals
- Sector: Materials
- Implied Market Cap: CA$134.734m
- Shares outstanding: 67.37m
- Website: https://www.chesapeakegold.com
Number of Employees
- Chesapeake Gold Corp.
- 1166 Alberni Street
- Suite 1201
- British Columbia
- V6E 3Z3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CKG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 2002|
|CKG||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2002|
|CHPG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2002|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.