Insider Buying: Canuc Resources (CVE:CDA) Director Buys C$27,000.00 in Stock

Canuc Resources Co. (CVE:CDAGet Free Report) Director Christopher James Berlet purchased 30,000 shares of the company’s stock in a transaction dated Wednesday, July 15th. The shares were bought at an average cost of C$0.90 per share, for a total transaction of C$27,000.00. Following the acquisition, the director owned 2,760,000 shares in the company, valued at approximately C$2,484,000. The trade was a 1.10% increase in their ownership of the stock.

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

  • On Friday, June 26th, Christopher James Berlet acquired 40,000 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.99 per share, with a total value of C$39,600.00.
  • On Monday, May 11th, Christopher James Berlet acquired 5,190 shares of Canuc Resources stock. The shares were bought 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 acquired 5,000 shares of Canuc Resources stock. The shares were bought at an average price of C$0.88 per share, for a total transaction of C$4,400.00.

Canuc Resources Stock Performance

CDA stock remained flat at C$0.90 on Friday. 9,450 shares of the company traded hands, compared to its average volume of 13,611. The company has a current ratio of 8.71, a quick ratio of 1.03 and a debt-to-equity ratio of 4.03. 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 market capitalization of C$26.26 million, a PE ratio of -2.09 and a beta of 0.77. The company has a 50-day moving average of C$0.94 and a 200-day moving average of C$1.02.

Canuc Resources Company Profile

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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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