Insider Buying: Canuc Resources (CVE:CDA) Director Acquires C$39,600.00 in Stock

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

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

Canuc Resources Stock Up 2.0%

CDA stock opened at C$1.02 on Friday. The company has a debt-to-equity ratio of 4.03, a current ratio of 8.71 and a quick ratio of 1.03. Canuc Resources Co. has a 52-week low of C$0.40 and a 52-week high of C$1.45. The company has a 50-day moving average of C$0.92 and a two-hundred day moving average of C$1.02. The stock 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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