Canuc Resources (CVE:CDA) Director Christopher James Berlet Acquires 40,000 Shares of Stock

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

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

• On Monday, May 11th, Christopher James Berlet acquired 5,190 shares of Canuc Resources stock. The shares were bought 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 acquired 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 Performance

Shares of CDA opened at C$1.00 on Wednesday. The company has a 50-day moving average of C$0.91 and a two-hundred day moving average of C$1.02. The stock has a market cap of C$29.18 million, a price-to-earnings ratio of -2.33 and a beta of 1.30. 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 one year low of C$0.40 and a one year high of C$1.45.

Canuc Resources Company Profile

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.