Key Points
- Director Christopher James Berlet purchased 20,000 Canuc Resources shares at C$0.90 each, investing C$18,000 and increasing his ownership by 0.67% to 2.99 million shares.
- The purchase continues a series of insider buys since July, totaling 115,000 shares acquired at prices ranging from C$0.88 to C$0.90.
- Canuc Resources shares were flat at C$0.80 in mid-day trading, with a market capitalization of approximately C$23.34 million; the stock has traded between C$0.65 and C$1.45 over the past year.
Canuc Resources Co. (CVE:CDA - Get Free Report) Director Christopher James Berlet acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was purchased at an average price of C$0.90 per share, with a total value of C$18,000.00. Following the completion of the transaction, the director owned 2,990,000 shares of the company's stock, valued at approximately C$2,691,000. This trade represents a 0.67% increase in their ownership of the stock.
Christopher James Berlet also recently made the following trade(s):
- On Wednesday, September 16th, Christopher James Berlet purchased 25,000 shares of Canuc Resources stock. The stock was purchased at an average cost of C$0.90 per share, with a total value of C$22,500.00.
- On Monday, August 17th, Christopher James Berlet bought 30,000 shares of Canuc Resources stock. The shares were bought at an average price of C$0.88 per share, for a total transaction of C$26,400.00.
- On Wednesday, July 29th, Christopher James Berlet bought 40,000 shares of Canuc Resources stock. The shares were purchased at an average price of C$0.90 per share, with a total value of C$36,000.00.
Canuc Resources Stock Performance
Canuc Resources stock remained flat at C$0.80 during mid-day trading on Friday. 16,700 shares of the company were exchanged, compared to its average volume of 13,741. Canuc Resources Co. has a 1-year low of C$0.65 and a 1-year high of C$1.45. The stock has a market cap of C$23.34 million, a P/E ratio of -1.86 and a beta of 0.76. The company has a debt-to-equity ratio of 4.03, a current ratio of 8.71 and a quick ratio of 1.03. The firm's 50 day simple moving average is C$0.87 and its 200 day simple moving average is C$0.89.
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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