Key Points
- Director Christopher James Berlet bought 25,000 Canuc Resources shares at C$0.90 each on September 16, spending C$22,500. His holdings rose to 2.95 million shares, valued at approximately C$2.66 million.
- Berlet has made five purchases since June, acquiring a combined 165,000 shares for approximately C$131,500, signaling continued insider buying.
- Canuc Resources shares opened at C$0.87, compared with 50-day and 200-day moving averages of C$0.88 and C$0.91. The company has a C$25.39 million market capitalization and trades within a 52-week range of C$0.60 to C$1.45.
Canuc Resources Co. (CVE:CDA - Get Free Report) Director Christopher James Berlet purchased 25,000 shares of Canuc Resources stock in a transaction dated Wednesday, September 16th. The stock was bought at an average price of C$0.90 per share, for a total transaction of C$22,500.00. Following the completion of the purchase, the director owned 2,950,000 shares in the company, valued at C$2,655,000. This represents a 0.85% increase in their position.
Christopher James Berlet also recently made the following trade(s):
- On Monday, August 17th, Christopher James Berlet purchased 30,000 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.88 per share, for a total transaction of C$26,400.00.
- On Wednesday, July 29th, Christopher James Berlet acquired 40,000 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$36,000.00.
- On Wednesday, July 15th, Christopher James Berlet acquired 30,000 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$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 Price Performance
Shares of CVE:CDA opened at C$0.87 on Monday. The company has a fifty day moving average of C$0.88 and a 200-day moving average of C$0.91. The company has a market capitalization of C$25.39 million, a PE ratio of -2.02 and a beta of 0.61. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.03 and a current ratio of 8.71. Canuc Resources Co. has a 52-week low of C$0.60 and a 52-week high of C$1.45.
Canuc Resources Company Profile
(
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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