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

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was bought at an average cost of C$0.90 per share, with a total value of C$18,000.00. Following the acquisition, the director owned 2,990,000 shares of the company’s stock, valued at approximately C$2,691,000. The trade was 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 stock was purchased at an average price of C$0.90 per share, for a total transaction of C$22,500.00.
• On Monday, August 17th, Christopher James Berlet acquired 30,000 shares of Canuc Resources stock. The stock was acquired 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 price of C$0.90 per share, with a total value of C$36,000.00.

Canuc Resources Price Performance

CDA stock remained flat at C$0.80 during trading on Friday. The company had a trading volume of 16,700 shares, compared to its average volume of 13,741. Canuc Resources Co. has a 52 week low of C$0.65 and a 52 week high of C$1.45. The firm has a market capitalization of C$23.34 million, a P/E ratio of -1.86 and a beta of 0.76. The stock’s 50-day moving average is C$0.88 and its 200-day moving average is C$0.89. The company has a current ratio of 8.71, a quick ratio of 1.03 and a debt-to-equity ratio of 4.03.

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.