Canuc Resources (CVE:CDA) Stock: Insider Christopher James Berlet Purchases 20,000 Shares

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet acquired 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The stock was purchased at an average cost of C$0.90 per share, with a total value of C$18,000.00. Following the acquisition, the director directly owned 2,990,000 shares of the company’s stock, valued at C$2,691,000. This trade represents a 0.67% increase in their position.

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

• On Wednesday, September 16th, Christopher James Berlet bought 25,000 shares of Canuc Resources stock. The shares were acquired at an average cost of C$0.90 per share, with a total value of C$22,500.00.
• On Monday, August 17th, Christopher James Berlet acquired 30,000 shares of Canuc Resources stock. The stock was bought at an average price of C$0.88 per share, for a total transaction of C$26,400.00.
• On Wednesday, July 29th, Christopher James Berlet acquired 40,000 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.90 per share, with a total value of C$36,000.00.

Canuc Resources Stock Performance

Shares of CDA remained flat at C$0.80 during midday trading on Friday. The stock had a trading volume of 16,700 shares, compared to its average volume of 13,741. Canuc Resources Co. has a 1-year low of C$0.65 and a 1-year high of C$1.45. 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 stock’s 50-day moving average is C$0.88 and its two-hundred day moving average is C$0.89. The firm has a market cap of C$23.34 million, a price-to-earnings ratio of -1.86 and a beta of 0.76.

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.