Key Points
- Canuc Resources director Christopher James Berlet purchased 30,000 shares at an average price of C$0.88, investing C$26,400 and increasing his direct ownership by 1.06% to 2.87 million shares.
- Berlet has made three additional purchases since late June, acquiring a combined 110,000 shares for approximately C$102,600, signaling continued insider buying.
- Canuc Resources shares opened at C$0.87, with a market capitalization of about C$25.39 million and a 52-week trading range of C$0.50 to C$1.45.
Canuc Resources Co. (CVE:CDA - Get Free Report) Director Christopher James Berlet bought 30,000 shares of the firm's stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of C$0.88 per share, for a total transaction of C$26,400.00. Following the transaction, the director directly owned 2,870,000 shares in the company, valued at approximately C$2,525,600. This represents a 1.06% increase in their ownership of the stock.
Christopher James Berlet also recently made the following trade(s):
- On Wednesday, July 29th, Christopher James Berlet purchased 40,000 shares of Canuc Resources stock. The stock was bought at an average cost of C$0.90 per share, with a total value of C$36,000.00.
- On Wednesday, July 15th, Christopher James Berlet acquired 30,000 shares of Canuc Resources stock. The shares were bought at an average price of C$0.90 per share, with a total value of C$27,000.00.
- On Friday, June 26th, Christopher James Berlet bought 40,000 shares of Canuc Resources stock. The stock was bought at an average price of C$0.99 per share, for a total transaction of C$39,600.00.
Canuc Resources Stock Up 1.2%
CDA stock opened at C$0.87 on Friday. The stock has a market capitalization of C$25.39 million, a P/E ratio of -2.02 and a beta of 0.76. Canuc Resources Co. has a 52 week low of C$0.50 and a 52 week high of C$1.45. The firm has a 50-day simple moving average of C$0.91 and a 200-day simple moving average of C$0.96. The company has a quick ratio of 1.03, a current ratio of 8.71 and a debt-to-equity ratio of 4.03.
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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