Canuc Resources (CVE:CDA) Director Christopher James Berlet Buys 30,000 Shares of Stock

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet acquired 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average price of C$0.90 per share, with a total value of C$27,000.00. Following the completion of the acquisition, the director owned 2,760,000 shares in the company, valued at 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 bought 40,000 shares of Canuc Resources stock. The shares were acquired at an average price of C$0.99 per share, for a total transaction of C$39,600.00.
• On Monday, May 11th, Christopher James Berlet bought 5,190 shares of Canuc Resources stock. The shares were acquired 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 stock was acquired 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 stock remained flat at C$0.90 during mid-day trading on Friday. The stock had a trading volume of 9,450 shares, compared to its average volume of 13,611. 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$0.94 and a 200-day moving average of C$1.02. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.03 and a current ratio of 8.71. The firm has a market capitalization of C$26.26 million, a PE ratio of -2.09 and a beta of 0.77.

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.