CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,243,327 shares, an increase of 461.0% from the May 31st total of 221,632 shares. Based on an average daily volume of 539,554 shares, the days-to-cover ratio is presently 2.3 days.
CanAlaska Uranium Stock Down 0.3%
OTCMKTS CVVUF traded down $0.00 during trading on Friday, hitting $0.32. The company had a trading volume of 8,000 shares, compared to its average volume of 131,463. The company’s fifty day moving average is $0.44 and its 200-day moving average is $0.51. CanAlaska Uranium has a one year low of $0.30 and a one year high of $0.91.
CanAlaska Uranium Company Profile
CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada‐based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep‐drill testing and resource estimation.
CanAlaska’s business model centers on securing high‐potential tenure while partnering with larger industry players to advance drilling programs.
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