Christopher James Berlet Buys 25,000 Shares of Canuc Resources (CVE:CDA) Stock

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet purchased 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was bought at an average cost of C$0.90 per share, with a total value of C$22,500.00. Following the acquisition, the director owned 2,950,000 shares of the company’s stock, valued at approximately C$2,655,000. The trade was a 0.85% increase in their position.

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

• On Monday, August 17th, Christopher James Berlet bought 30,000 shares of Canuc Resources stock. The stock was purchased 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 purchased 40,000 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$36,000.00.
• On Wednesday, July 15th, Christopher James Berlet purchased 30,000 shares of Canuc Resources stock. The shares were purchased at an average cost of C$0.90 per share, for a total transaction of C$27,000.00.
• On Friday, June 26th, Christopher James Berlet acquired 40,000 shares of Canuc Resources stock. The stock was acquired at an average price of C$0.99 per share, with a total value of C$39,600.00.

Canuc Resources Stock Performance

CDA stock remained flat at C$0.87 during midday trading on Friday. The company’s stock had a trading volume of 5,023 shares, compared to its average volume of 14,548. Canuc Resources Co. has a one year low of C$0.60 and a one year high of C$1.45. The company’s fifty day simple moving average is C$0.88 and its 200-day simple moving average is C$0.91. The stock 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 current ratio of 8.71 and a quick ratio of 1.03.

About Canuc Resources

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.