Canuc Resources (CVE:CDA) Director Christopher James Berlet Buys 40,000 Shares

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet acquired 40,000 shares of Canuc Resources stock in a transaction dated Wednesday, July 29th. The shares were acquired at an average cost of C$0.90 per share, with a total value of C$36,000.00. Following the completion of the acquisition, the director directly owned 2,800,000 shares in the company, valued at C$2,520,000. This trade represents a 1.45% increase in their position.

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

• On Wednesday, July 15th, Christopher James Berlet bought 30,000 shares of Canuc Resources stock. The shares were acquired at an average price of C$0.90 per share, for a total transaction of C$27,000.00.
• On Friday, June 26th, Christopher James Berlet bought 40,000 shares of Canuc Resources stock. The stock was acquired at an average cost of C$0.99 per share, for a total transaction of C$39,600.00.
• On Monday, May 11th, Christopher James Berlet purchased 5,190 shares of Canuc Resources stock. The stock was acquired 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 purchased 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 Price Performance

Shares of CDA opened at C$0.90 on Friday. The stock has a market cap of C$26.26 million, a price-to-earnings ratio of -2.09 and a beta of 0.77. The company has a quick ratio of 1.03, a current ratio of 8.71 and a debt-to-equity ratio of 4.03. Canuc Resources Co. has a 12 month low of C$0.40 and a 12 month high of C$1.45. The company has a 50-day moving average price of C$0.94 and a two-hundred day moving average price of C$1.00.

About Canuc Resources

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.