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

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet purchased 30,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was purchased at an average cost of C$0.88 per share, for a total transaction of C$26,400.00. Following the purchase, the director directly owned 2,870,000 shares in the company, valued at approximately C$2,525,600. This trade represents 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 bought 40,000 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$36,000.00.
• On Wednesday, July 15th, Christopher James Berlet acquired 30,000 shares of Canuc Resources stock. The stock was acquired 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 purchased 40,000 shares of Canuc Resources stock. The shares were acquired at an average cost of C$0.99 per share, for a total transaction of C$39,600.00.

Canuc Resources Stock Performance

Shares of CVE CDA opened at C$0.87 on Friday. The stock has a market capitalization of C$25.39 million, a PE ratio of -2.02 and a beta of 0.76. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.03 and a current ratio of 8.71. Canuc Resources Co. has a 52 week low of C$0.50 and a 52 week high of C$1.45. The stock has a 50 day moving average price of C$0.91 and a 200 day moving average price of C$0.96.

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.