CanAlaska Uranium (OTCMKTS:CVVUF) Stock Price Down 6.5% – Here’s Why

Shares of CanAlaska Uranium Ltd. (OTCMKTS:CVVUFGet Free Report) traded down 6.5% during mid-day trading on Monday . The stock traded as low as $0.2587 and last traded at $0.2587. Approximately 146,169 shares were traded during trading, an increase of 6% from the average daily volume of 138,201 shares. The stock had previously closed at $0.2766.

CanAlaska Uranium Stock Performance

The company has a 50 day moving average of $0.27 and a 200-day moving average of $0.42.

CanAlaska Uranium Company Profile

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CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada‐based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep‐drill testing and resource estimation.

CanAlaska’s business model centers on securing high‐potential tenure while partnering with larger industry players to advance drilling programs.

Further Reading

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