CanAlaska Uranium (CVE:CVV) Stock Price Down 2.2% – Here’s What Happened

CanAlaska Uranium Ltd. (CVE:CVVGet Free Report) shares traded down 2.2% during mid-day trading on Friday . The stock traded as low as C$0.45 and last traded at C$0.45. 159,852 shares were traded during mid-day trading, a decline of 77% from the average session volume of 688,437 shares. The stock had previously closed at C$0.46.

CanAlaska Uranium Price Performance

The company has a market capitalization of C$99.05 million, a price-to-earnings ratio of -5.00 and a beta of -0.14. The firm has a 50-day moving average price of C$0.60 and a two-hundred day moving average price of C$0.70.

Insider Transactions at CanAlaska Uranium

In other CanAlaska Uranium news, insider Nathan Jeffrey Bridge sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of C$0.62, for a total value of C$31,000.00. Following the sale, the insider owned 55,500 shares in the company, valued at approximately C$34,410. The trade was a 47.39% decrease in their position. Over the last quarter, insiders sold 105,000 shares of company stock valued at $68,405.

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