Insider Selling: CanAlaska Uranium (CVE:CVV) Insider Sells C$31,000.00 in Stock

CanAlaska Uranium Ltd. (CVE:CVVGet Free Report) insider Nathan Jeffrey Bridge sold 50,000 shares of the company’s stock in a transaction 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 transaction, the insider owned 55,500 shares in the company, valued at C$34,410. This trade represents a 47.39% decrease in their ownership of the stock.

Nathan Jeffrey Bridge also recently made the following trade(s):

  • On Thursday, May 7th, Nathan Jeffrey Bridge sold 500 shares of CanAlaska Uranium stock. The stock was sold at an average price of C$0.63, for a total value of C$315.00.
  • On Thursday, May 7th, Nathan Jeffrey Bridge sold 24,500 shares of CanAlaska Uranium stock. The stock was sold at an average price of C$0.62, for a total value of C$15,190.00.

CanAlaska Uranium Stock Down 1.6%

CVE:CVV opened at C$0.60 on Thursday. The stock’s fifty day moving average is C$0.72 and its two-hundred day moving average is C$0.73. CanAlaska Uranium Ltd. has a 52 week low of C$0.51 and a 52 week high of C$1.26. The stock has a market capitalization of C$132.07 million, a price-to-earnings ratio of -6.67 and a beta of 0.05.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group set a C$1.35 price target on CanAlaska Uranium and gave the stock a “moderate buy” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$1.35.

Get Our Latest Analysis on CanAlaska Uranium

Further Reading

Insider Buying and Selling by Quarter for CanAlaska Uranium (CVE:CVV)

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