Canuc Resources (CVE:CDA) Stock: Insider Christopher James Berlet Buys 20,000 Shares

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet purchased 20,000 shares of the stock in a transaction dated Tuesday, October 20th. The shares were acquired at an average price of C$0.90 per share, for a total transaction of C$18,000.00. Following the acquisition, the director directly owned 2,990,000 shares of the company’s stock, valued at C$2,691,000. This represents a 0.67% increase in their position.

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

• On Wednesday, September 16th, Christopher James Berlet purchased 25,000 shares of Canuc Resources stock. The shares were purchased at an average cost of C$0.90 per share, with a total value of C$22,500.00.
• On Monday, August 17th, Christopher James Berlet bought 30,000 shares of Canuc Resources stock. The shares were acquired at an average cost 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 stock was purchased at an average price of C$0.90 per share, with a total value of C$36,000.00.

Canuc Resources Stock Performance

Shares of Canuc Resources stock opened at C$0.80 on Friday. Canuc Resources Co. has a 1 year low of C$0.65 and a 1 year high of C$1.45. The company has a market cap of C$23.34 million, a price-to-earnings ratio of -1.86 and a beta of 0.76. The company’s fifty day simple moving average is C$0.87 and its 200-day simple 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.

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.