CanAlaska Uranium Ltd. (CVE:CVV - Get Free Report)'s stock price traded up 1.2% on Tuesday . The company traded as high as C$0.88 and last traded at C$0.87. 366,462 shares changed hands during trading, a decline of 22% from the average session volume of 468,051 shares. The stock had previously closed at C$0.86.
Wall Street Analysts Forecast Growth
Separately, Desjardins upgraded shares of CanAlaska Uranium to a "moderate buy" rating in a research note on Thursday, April 3rd.
Read Our Latest Analysis on CanAlaska Uranium
CanAlaska Uranium Stock Performance
The firm has a market cap of C$162.10 million and a PE ratio of -18.77. The stock has a 50 day simple moving average of C$0.80.
Insider Buying and Selling
In other news, Senior Officer Nathan Jeffrey Bridge sold 125,000 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of C$0.75, for a total value of C$93,750.00. Also, Director Cory Lane Belyk sold 50,000 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$0.75, for a total transaction of C$37,500.00. Insiders sold a total of 543,500 shares of company stock worth $436,740 in the last 90 days.
See Also
Before you consider CanAlaska Uranium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CanAlaska Uranium wasn't on the list.
While CanAlaska Uranium currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.