Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Chesapeake Gold Corp. is a mineral exploration and development firm primarily engaged in identifying, acquiring, and advancing gold and silver deposits across North and Central America. The company also undertakes exploration for zinc ores. Its most significant asset is the Metates project, situated in Durango State, Mexico, which consists of 12 mineral concessions covering a total area of 4,261 hectares. Additionally, Chesapeake Gold Corp. maintains an interest in the Talapoosa gold project in Nevada. The enterprise was established in 1993, initially under the name Chesapeake Gold Ltd., before officially becoming Chesapeake Gold Corp. in May 2002. Its corporate operations are based in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers.