Is Chesapeake Gold Corp. a Buy? The Stock Rises Again

 Is Chesapeake Gold Corp. a Buy? The Stock Rises Again

The stock of Chesapeake Gold Corp. (CVE:CKG) is a huge mover today! About 16,400 shares traded hands. Chesapeake Gold Corp. (CVE:CKG) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 7 months positive chart setup for the $207.28M company. It was reported on Nov, 8 by Barchart.com. We have $6.59 PT which if reached, will make CVE:CKG worth $97.42 million more.

More notable recent Chesapeake Gold Corp. (CVE:CKG) news were published by: Investorintel.com which released: “Mining Strategist Ecclestone on his “Buy” Recommendation on Chesapeake Gold Corp.” on March 29, 2016, also Business.Financialpost.com with their article: “Podcast: Chesapeake Gold Corp CEO Randy Reifel on the 18.5 million-ounce …” published on May 09, 2016, Investorintel.com published: “Chesapeake Gold measures up to Novagold in peer-to-peer comparison” on October 06, 2015. More interesting news about Chesapeake Gold Corp. (CVE:CKG) were released by: Investorintel.com and their article: “Reifel on Chesapeake Gold’s “world-class” gold, silver and zinc reserves” published on October 16, 2015 as well as Investorintel.com‘s news article titled: “The Water Rush: Chesapeake Gold to use desalinated process water at Metates” with publication date: June 26, 2015.

Chesapeake Gold Corp. is a development-stage company. The company has a market cap of $207.28 million. The Firm is a mining firm focused on the exploration, development and recovery of precious metals. It currently has negative earnings. The Company’s activities are the development of its Metates gold-silver project and generating a pipeline of exploration projects in north western Mexico.

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