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

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet bought 30,000 shares of Canuc Resources stock in a transaction on Monday, August 17th. The stock was acquired at an average price of C$0.88 per share, with a total value of C$26,400.00. Following the completion of the purchase, the director directly owned 2,870,000 shares of the company’s stock, valued at approximately C$2,525,600. The trade was a 1.06% increase in their ownership of the stock.

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

• 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, for a total transaction of C$36,000.00.
• On Wednesday, July 15th, Christopher James Berlet acquired 30,000 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.90 per share, for a total transaction of C$27,000.00.
• On Friday, June 26th, Christopher James Berlet acquired 40,000 shares of Canuc Resources stock. The stock was bought at an average cost of C$0.99 per share, for a total transaction of C$39,600.00.

Canuc Resources Stock Performance

CDA traded up C$0.01 on Thursday, hitting C$0.87. The company had a trading volume of 29,825 shares, compared to its average volume of 13,780. The stock has a market cap of C$25.39 million, a price-to-earnings ratio of -2.02 and a beta of 0.76. The company has a debt-to-equity ratio of 4.03, a current ratio of 8.71 and a quick ratio of 1.03. The company’s fifty day moving average price is C$0.91 and its 200 day moving average price is C$0.97. Canuc Resources Co. has a 1-year low of C$0.50 and a 1-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.