tiprankstipranks
Trending News
More News >
Chesapeake Gold (TSE:CKG)
:CKG

Chesapeake Gold (CKG) AI Stock Analysis

Compare
25 Followers

Top Page

TS

Chesapeake Gold

(CKG)

Rating:38Underperform
Price Target:
Chesapeake Gold's overall score is primarily impacted by its financial performance challenges, including no revenue generation and negative cash flows. While technical indicators suggest a bearish trend, the recent corporate appointment offers a potential strategic advantage. However, these positives are outweighed by the current operational and financial struggles, resulting in a low overall score.

Chesapeake Gold (CKG) vs. iShares MSCI Canada ETF (EWC)

Chesapeake Gold Business Overview & Revenue Model

Company DescriptionChesapeake Gold Corp (CKG) is a mineral exploration and development company focused primarily on the discovery and advancement of precious metal projects in North and South America. The company is particularly engaged in the exploration of gold and silver deposits, with its flagship project being the Metates property located in Durango, Mexico. This project is recognized as one of the largest undeveloped gold and silver deposits in the world. Chesapeake Gold's operations are concentrated on advancing this project through exploration and development stages towards production.
How the Company Makes MoneyChesapeake 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 of bringing the project into production. Revenue is expected to be derived from the sale of gold and silver once production commences. Additionally, the company may engage in strategic partnerships, joint ventures, or sale of project interests to finance its exploration activities and development plans. However, as a company still in the development phase, significant revenues are typically not realized until production begins.

Chesapeake Gold Financial Statement Overview

Summary
Chesapeake Gold shows substantial challenges with no revenue generation, leading to sustained losses and negative cash flows. While the balance sheet is strong with no debt, the lack of operational profitability and cash flow generation poses significant risks to long-term sustainability. The company needs to develop revenue streams to leverage its strong equity position effectively.
Income Statement
15
Very Negative
The company has reported zero revenue consistently, indicating a lack of operational growth. Net income remains negative, leading to non-existent net profit and other margin metrics. This reflects ongoing operational challenges without evidence of revenue generation.
Balance Sheet
45
Neutral
Chesapeake Gold maintains strong equity and no debt, resulting in a zero debt-to-equity ratio. However, the absence of revenue and consistent losses impact return on equity, though the equity ratio remains robust due to substantial equity relative to total assets.
Cash Flow
30
Negative
The company experiences negative operating and free cash flow, highlighting cash outflows without incoming revenue. Free cash flow has improved slightly, but remains negative, indicating ongoing cash burn without sufficient inflows to offset expenses.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-15.00K-10.00K-9.00K-14.00K-17.00K
EBIT
-4.21M-4.29M-3.81M-5.50M-2.68M
EBITDA
-3.13M-4.24M-10.12M-5.92M-3.27M
Net Income Common Stockholders
-2.54M-5.67M-10.99M-7.40M-1.50M
Balance SheetCash, Cash Equivalents and Short-Term Investments
10.99M19.82M25.67M32.15M35.79M
Total Assets
161.28M164.31M164.63M172.91M128.33M
Total Debt
0.000.000.00700.00K703.50K
Net Debt
-10.99M-19.82M-25.67M-31.12M-33.54M
Total Liabilities
12.75M12.88M10.97M10.63M8.86M
Stockholders Equity
146.17M149.05M150.97M160.51M117.48M
Cash FlowFree Cash Flow
-2.39M-3.06M-8.46M-6.01M-3.52M
Operating Cash Flow
-2.35M-3.06M-4.50M-2.61M-1.51M
Investing Cash Flow
-6.65M-2.82M-3.48M-1.01M-1.56M
Financing Cash Flow
225.00K12.00K1.68M1.19M22.19M

Chesapeake Gold Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.50
Price Trends
50DMA
1.06
Positive
100DMA
1.10
Positive
200DMA
1.29
Positive
Market Momentum
MACD
0.13
Negative
RSI
75.47
Negative
STOCH
96.35
Negative
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 1.5 is above the 20-day moving average (MA) of 1.21, above the 50-day MA of 1.06, and above the 200-day MA of 1.29, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 75.47 is Negative, neither overbought nor oversold. The STOCH value of 96.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CKG.

Chesapeake Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSORV
71
Outperform
C$73.78M21.654.66%17.92%
51
Neutral
$2.04B-1.21-21.10%3.95%2.90%-30.45%
TSSM
50
Neutral
C$82.70M-9.93%95.16%
TSDEF
45
Neutral
C$74.58M-8.00%-21.74%
TSSSV
44
Neutral
C$84.16M-16.16%-61.86%
TSCKG
38
Underperform
C$90.59M-1.72%54.11%
TSOCG
37
Underperform
C$90.28M-86.62%-11.20%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CKG
Chesapeake Gold
1.52
-0.90
-37.19%
TSE:ORV
Orvana Minerals
0.55
0.33
150.00%
TSE:SSV
Southern Silver Exploration
0.25
-0.01
-3.85%
TSE:OCG
Outcrop Gold Corp
0.24
<0.01
4.35%
TSE:DEF
Defiance Silver
0.27
0.03
12.50%
TSE:SM
Sierra Madre Gold & Silver Ltd.
0.74
0.28
60.87%

Chesapeake Gold Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Chesapeake Gold Appoints New Chief Metallurgical Officer to Advance Sulfide Leach Technology
Positive
Feb 27, 2025

Chesapeake Gold Corp has appointed Justin Black as Chief Metallurgical Officer to enhance its proprietary sulfide leach technology. Black’s extensive experience in process engineering and management in the mining sector is expected to advance the company’s technology, potentially unlocking significant economic value from refractory sulfide deposits, thereby enhancing shareholder value.

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.