Key Points
- Canuc Resources director Christopher James Berlet bought 30,000 shares on July 15 at an average price of C$0.90, a transaction worth C$27,000.
- After the purchase, Berlet's direct holdings rose to 2.76 million shares, valued at about C$2.48 million, representing a 1.10% increase in ownership.
- Berlet has made several recent buys, including 40,000 shares on June 26 and additional purchases in May, suggesting continued insider buying activity.
Canuc Resources Co. (CVE:CDA - Get Free Report) Director Christopher James Berlet purchased 30,000 shares of the stock in a transaction that occurred on Wednesday, July 15th. The shares were purchased at an average price of C$0.90 per share, with a total value of C$27,000.00. Following the completion of the acquisition, the director directly owned 2,760,000 shares in the company, valued at C$2,484,000. The trade was a 1.10% increase in their ownership of the stock.
Christopher James Berlet also recently made the following trade(s):
- On Friday, June 26th, Christopher James Berlet purchased 40,000 shares of Canuc Resources stock. The shares were purchased at an average cost of C$0.99 per share, with a total value of C$39,600.00.
- On Monday, May 11th, Christopher James Berlet purchased 5,190 shares of Canuc Resources stock. The stock was purchased at an average cost of C$0.82 per share, for a total transaction of C$4,255.80.
- On Monday, May 11th, Christopher James Berlet purchased 5,000 shares of Canuc Resources stock. The stock was purchased at an average cost of C$0.88 per share, for a total transaction of C$4,400.00.
Canuc Resources Price Performance
CDA stock opened at C$0.90 on Monday. The stock has a market capitalization of C$26.26 million, a price-to-earnings ratio of -2.09 and a beta of 0.77. The firm's 50-day moving average price is C$0.94 and its two-hundred day moving average price is C$1.02. The company has a current ratio of 8.71, a quick ratio of 1.03 and a debt-to-equity ratio of 4.03. Canuc Resources Co. has a 12-month low of C$0.40 and a 12-month high of C$1.45.
About Canuc Resources
(
Get Free Report)
Canuc Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of oil and gas properties and precious metals in Canada, the United States, and Mexico. It explores for silver, lead, gold, copper, and zinc deposits. The company holds working interest in the natural gas assets and producing gas wells in Texas, the United States. It also holds interest in the San Javier Project located in the state of Sonora, northwest Mexico. Canuc Resources Corporation was founded in 1954 and is headquartered in Toronto, Canada.
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