Canuc Resources (CVE:CDA) Director Buys C$36,000.00 in Stock

Canuc Resources Co. (CVE:CDA) Director Christopher James Berlet purchased 40,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was acquired at an average cost of C$0.90 per share, for a total transaction of C$36,000.00. Following the completion of the acquisition, the director owned 2,800,000 shares in the company, valued at C$2,520,000. This represents a 1.45% increase in their position.

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

• On Wednesday, July 15th, Christopher James Berlet purchased 30,000 shares of Canuc Resources stock. The stock was acquired at an average price of C$0.90 per share, with a total value of C$27,000.00.
• On Friday, June 26th, Christopher James Berlet acquired 40,000 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.99 per share, with a total value of C$39,600.00.
• On Monday, May 11th, Christopher James Berlet acquired 5,190 shares of Canuc Resources stock. The shares were bought at an average cost of C$0.82 per share, with a total value of C$4,255.80.
• On Monday, May 11th, Christopher James Berlet acquired 5,000 shares of Canuc Resources stock. The shares were bought at an average price of C$0.88 per share, for a total transaction of C$4,400.00.

Canuc Resources Price Performance

CDA stock opened at C$0.90 on Monday. The company has a debt-to-equity ratio of 4.03, a quick ratio of 1.03 and a current ratio of 8.71. The company’s fifty day moving average price is C$0.94 and its 200-day moving average price is C$1.00. Canuc Resources Co. has a one year low of C$0.40 and a one year high of C$1.45. The company has a market capitalization of C$26.26 million, a PE ratio of -2.09 and a beta of 0.77.

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.