Chesapeake Gold Corp (TSE:CKG)
:CKG
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Chesapeake Gold
(CKG)
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Rating:56Neutral
Price Target:
C$4.00
▼(-15.61% Downside)
Action:UpgradedDate:12/30/25
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn), partly offset by a strong, debt-light balance sheet. Technically, the trend is bullish with strong momentum, but indicators are extended, raising pullback risk. Valuation is constrained by negative earnings and no dividend support, while recent corporate actions modestly improve strategic positioning.
Positive Factors
Debt-light balance sheet
Minimal debt materially lowers refinancing and interest risk and preserves optionality to fund Metates development or pursue asset sales. Over the next 2-6 months, a debt-light position supports access to capital and reduces solvency pressure if project timelines slip.
Negative Factors
No revenue generation
Absent operating revenue, the firm remains a developer reliant on capital markets or asset sales rather than internal cash generation. This structural lack of revenue means value depends entirely on future project milestones and commodity realizations, increasing execution and timing risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-light balance sheet
Minimal debt materially lowers refinancing and interest risk and preserves optionality to fund Metates development or pursue asset sales. Over the next 2-6 months, a debt-light position supports access to capital and reduces solvency pressure if project timelines slip.
Read all positive factors
Chesapeake Gold (CKG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$224.33M
Dividend YieldN/A
Average Volume (3M)111.19K
Price to Earnings (P/E)―
Beta (1Y)2.21
Revenue GrowthN/A
EPS Growth14.96%
CountryCA
Employees29
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.03
Shares Outstanding64,093,380
10 Day Avg. Volume129,908
30 Day Avg. Volume111,192
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)0.40
Price to Sales (P/S)0.00
P/FCF Ratio-24.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Chesapeake Gold Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
Chesapeake Gold generates revenue primarily through the exploration and development of its mineral projects. The company aims to create value by advancing its flagship Metates project through various stages of development, with the ultimate goal o...
Chesapeake Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -13.00K | -15.00K | -10.00K | -9.00K | -14.00K | -17.00K |
| EBITDA | -4.19M | -3.13M | -4.24M | -10.12M | -5.92M | -3.27M |
| Net Income | -3.56M | -2.54M | -5.67M | -10.99M | -7.40M | -1.50M |
Balance Sheet | ||||||
| Total Assets | 164.53M | 161.28M | 164.31M | 164.63M | 172.91M | 128.33M |
| Cash, Cash Equivalents and Short-Term Investments | 10.41M | 10.99M | 19.82M | 25.67M | 32.15M | 35.79M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 700.00K | 703.50K |
| Total Liabilities | 12.12M | 12.75M | 12.88M | 10.97M | 10.63M | 8.86M |
| Stockholders Equity | 150.05M | 146.17M | 149.05M | 150.97M | 160.51M | 117.48M |
Cash Flow | ||||||
| Free Cash Flow | -3.38M | -2.39M | -3.06M | -8.46M | -6.01M | -3.52M |
| Operating Cash Flow | -3.48M | -2.35M | -3.06M | -4.50M | -2.61M | -1.51M |
| Investing Cash Flow | -3.33M | -6.65M | -2.82M | -3.48M | -1.01M | -1.56M |
| Financing Cash Flow | 4.64M | 225.00K | 12.00K | 1.68M | 1.19M | 22.19M |
Chesapeake Gold Technical Analysis
Positive
4.74
Price Trends
3.75
Negative
3.52
Negative
2.75
Positive
Market Momentum
-0.08
Negative
49.85
Neutral
66.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CKG, the sentiment is Positive. The current price of 4.74 is above the 20-day moving average (MA) of 3.35, above the 50-day MA of 3.75, and above the 200-day MA of 2.75, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 49.85 is Neutral, neither overbought nor oversold. The STOCH value of 66.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CKG.
Chesapeake Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$224.33M | -22.04 | -2.40% | ― | ― | 14.96% | |
| ― | C$156.13M | -4.12 | -62.15% | ― | ― | -28.64% | |
66 Neutral | C$119.57M | 12.43 | 33.85% | ― | 112.93% | ― | |
61 Neutral | C$355.60M | 597.10 | 2.21% | ― | 694.29% | ― | |
54 Neutral | C$224.38M | -1.45 | -52.20% | ― | ― | -285.42% | |
52 Neutral | C$281.10M | -11.97 | -164.88% | ― | ― | -20.12% |
* Basic Materials Sector Average
TSE:CKG
Chesapeake Gold
3.50
2.54
264.58%
TSE:OCG
Outcrop Gold Corp
0.33
0.15
83.33%
TSE:KCP
Turmalina Metals Corp
0.88
0.71
417.65%
TSE:EMPR
Empress Royalty
0.95
0.50
112.36%
TSE:SM
Sierra Madre Gold & Silver Ltd.
1.81
1.29
248.08%
TSE:AGMR
Silver Mountain Resources, Inc. Class A
3.76
3.23
609.43%
Chesapeake Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Chesapeake Gold Raises C$20 Million in Equity Financings Backed by Eric Sprott
Positive
Jan 27, 2026
Chesapeake Gold has strengthened its balance sheet with the closing of a C$17.25 million bought deal public unit offering, including full exercise of the over-allotment option, alongside a C$2.88 million non-brokered private placement with a compa...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Chesapeake Gold Files Prospectus Supplement for $15 Million Bought-Deal Offering
Positive
Jan 15, 2026
Chesapeake Gold has filed a prospectus supplement to its existing short form base shelf prospectus in Canada (excluding Québec) to qualify a previously announced $15.0 million bought-deal public offering of 3,751,500 units at $4.20 per unit. ...
Business Operations and StrategyPrivate Placements and Financing
Chesapeake Gold Upsizes Bought Deal to $15 Million and Launches Private Placement With Eric Sprott
Positive
Jan 13, 2026
Chesapeake Gold has upsized its previously announced bought-deal public equity offering from roughly $10 million to about $15 million, with underwriters led by Red Cloud Securities agreeing to purchase 3,571,500 units at $4.20 per unit, each compr...
Business Operations and StrategyPrivate Placements and Financing
Chesapeake Gold Launches $10 Million Bought Deal to Advance Metates, Lucy and Leach Technology
Positive
Jan 12, 2026
Chesapeake Gold Corp. has launched a $10 million bought deal public offering led by Red Cloud Securities, issuing 2,380,953 units at $4.20 per unit, each comprising one common share and half a warrant exercisable at $5.65 for three years. The fina...
Business Operations and StrategyExecutive/Board Changes
Chesapeake Gold Grants Stock Options to New CFO to Support Long-Term Growth
Positive
Jan 5, 2026
Chesapeake Gold has granted 100,000 stock options to its newly appointed Chief Financial Officer, Rajesh Vyas, under its stock option plan, with an exercise price of C$4.24 per share and a five-year term expiring in January 2031. The options, whic...
Business Operations and StrategyExecutive/Board Changes
Chesapeake Gold Reshapes Executive Team as Metates Project Advances
Positive
Jan 2, 2026
Chesapeake Gold Corp. has appointed Jean-Paul Tsotsos as its permanent Chief Executive Officer, effective January 1, 2026, after he served as interim CEO since November 2023, signaling a move toward leadership continuity as it advances its large M...
Business Operations and StrategyRegulatory Filings and Compliance
Chesapeake Gold Says No Operational Change Behind Surge in Trading
Neutral
Dec 22, 2025
Chesapeake Gold Corp. stated that its management is unaware of any material change in the company’s operations that would explain the recent increase in trading activity in its shares, a clarification made at the request of the Canadian Inve...
Business Operations and StrategyExecutive/Board Changes
Chesapeake Gold Grants Stock Options to Officers as It Advances Metates Project
Positive
Dec 20, 2025
Chesapeake Gold Corp. has granted stock options to its officers to purchase a total of 69,000 common shares at an exercise price of C$2.84 per share, with a five-year term expiring in December 2030 and immediate vesting and exercisability. The mov...
Business Operations and StrategyM&A Transactions
Chesapeake Gold Sells Tatatila Project, Acquires Stake in Mexican Gold
Positive
Nov 13, 2025
Chesapeake Gold Corp has completed the sale of its Tatatila gold-copper project in Veracruz, Mexico, to Mexican Gold Mining Corp. As part of the transaction, Chesapeake acquired a 14.99% stake in Mexican Gold through common shares and secured a 1....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.