Canuc Resources (CVE:CDA) Director Christopher James Berlet Buys 40,000 Shares

Canuc Resources Co. (CVE:CDAGet Free Report) Director Christopher James Berlet acquired 40,000 shares of the stock in a transaction on Friday, June 26th. The shares were purchased at an average price of C$0.99 per share, for a total transaction of C$39,600.00. Following the transaction, the director directly owned 2,660,000 shares in the company, valued at approximately C$2,633,400. This trade represents a 1.53% increase in their ownership of the stock.

Christopher James Berlet also recently made the following trade(s):

  • On Monday, May 11th, Christopher James Berlet bought 5,190 shares of Canuc Resources stock. The shares were purchased at an average cost of C$0.82 per share, with a total value of C$4,255.80.
  • On Monday, May 11th, Christopher James Berlet bought 5,000 shares of Canuc Resources stock. The stock was acquired at an average cost of C$0.88 per share, with a total value of C$4,400.00.

Canuc Resources Price Performance

Shares of Canuc Resources stock remained flat at C$1.02 during trading on Tuesday. 6,175 shares of the stock were exchanged, compared to its average volume of 13,797. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.03 and a current ratio of 8.71. The firm’s 50 day moving average price is C$0.91 and its 200-day moving average price is C$1.03. Canuc Resources Co. has a 52 week low of C$0.40 and a 52 week high of C$1.45. The firm has a market capitalization of C$29.76 million, a price-to-earnings ratio of -2.37 and a beta of 1.30.

About Canuc Resources

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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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