Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 1030 West Georgia Street, Suite 1012 VANCOUVER BC V6E 2Y3 |
Tel: | N/A |
Website: | https://chesapeakegold.com |
IR: | See website |
Key People | ||
P. Randy Reifel Executive Chairman of the Board | Jean-paul Tsotsos Interim Chief Executive Officer, Vice President of Investor Relations, Corporate Development | Navin Sandhu Interim Chief Financial Officer |
Erick Underwood Chief Financial Officer | Alberto Rene Galicia Vice President - Exploration | Gary Parkison Vice President - Development |
Business Overview |
Chesapeake Gold Corp. is a Canada-based mineral exploration and development company. The Company is focused on the discovery, acquisition, and development of gold-silver deposits in North and South America. Its primary asset is the Metates project (Metates) located in Durango State, Mexico. The Metates property is comprised of approximately 12 mineral concessions totaling approximately 4,261 hectares in area. It also has a portfolio of exploration properties in Mexico comprising approximately 6,306 hectares in the states of Durango, Oaxaca, and Veracruz. The Company owns approximately 68% of Gunpoint Exploration Ltd., which owns the Talapoosa gold project in Nevada and the El Escorpion project in Guatemala. Talapoosa is a low-sulphidation gold/silver property located in the Walker Lane gold trend of western Nevada, approximately 45 kilometers east of Reno. It consists of 535 unpatented lode mining claims and seven additional fee land sections which cover approximately 10,780 ha. |
Financial Overview |
For the nine months ended 30 September 2023, Chesapeake Gold Corp. revenues was not reported. Net loss increased 2% to C$3.3M. Higher net loss reflects Exploration increase from C$225K to C$948K (expense), Dummy Code Income Statement decrease from C$52K (income) to C$0K, Share-based compensation recovery (expen increase of 5% to C$790K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.05. |
Employees: | 28 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $135.12M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$5.06M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.77M as of Dec 31, 2023 |
Free cash flow (TTM): | -$7.86M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 67,367,000 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |