Canuc Resources (CVE:CDA) Stock Price Down 6.8% – Here’s What Happened

Canuc Resources Co. (CVE:CDA)’s stock price was down 6.8% during mid-day trading on Friday . The company traded as low as C$0.82 and last traded at C$0.82. Approximately 1,800 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 12,986 shares. The stock had previously closed at C$0.88.

Canuc Resources Trading Down 6.8%

The company has a current ratio of 8.71, a quick ratio of 1.03 and a debt-to-equity ratio of 4.03. The company has a market cap of C$23.46 million, a PE ratio of -2.00 and a beta of 1.29. The company has a fifty day simple moving average of C$0.87 and a two-hundred day simple moving average of C$1.02.

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.