CanAlaska Uranium (CVE:CVV) Insider Sells C$31,000.00 in Stock

CanAlaska Uranium Ltd. (CVE:CVV) insider Nathan Jeffrey Bridge sold 50,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of C$0.62, for a total transaction of C$31,000.00. Following the completion of the transaction, the insider directly owned 55,500 shares of the company’s stock, valued at approximately C$34,410. The trade was a 47.39% decrease in their ownership of the stock.

Nathan Jeffrey Bridge also recently made the following trade(s):

• On Thursday, May 7th, Nathan Jeffrey Bridge sold 500 shares of CanAlaska Uranium stock. The stock was sold at an average price of C$0.63, for a total value of C$315.00.
• On Thursday, May 7th, Nathan Jeffrey Bridge sold 24,500 shares of CanAlaska Uranium stock. The stock was sold at an average price of C$0.62, for a total value of C$15,190.00.

CanAlaska Uranium Stock Up 4.8%

Shares of CVE:CVV traded up C$0.03 during mid-day trading on Monday, reaching C$0.65. 322,350 shares of the stock were exchanged, compared to its average volume of 564,328. The stock’s 50 day simple moving average is C$0.74 and its 200-day simple moving average is C$0.74. CanAlaska Uranium Ltd. has a one year low of C$0.51 and a one year high of C$1.26. The company has a market cap of C$143.07 million, a P/E ratio of -7.22 and a beta of 0.05.

Analyst Ratings Changes

Separately, Canaccord Genuity Group set a C$1.35 price objective on shares of CanAlaska Uranium and gave the company a “moderate buy” rating in a report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$1.35.