Canuc Resources (CVE:CDA) Sets New 12-Month Low – Here’s What Happened

Canuc Resources Co. (CVE:CDA)’s stock price hit a new 52-week low on Friday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 7016 shares. The stock had previously closed at C$0.06.

Canuc Resources Stock Down 9.1 %

The business has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.08. The company has a market cap of C$8.00 million, a price-to-earnings ratio of -5.00 and a beta of 1.50. The company has a quick ratio of 1.03, a current ratio of 8.71 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.