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CanAlaska Uranium (CVE:CVV) Shares Up 1.3% - Still a Buy?

CanAlaska Uranium logo with background

CanAlaska Uranium Ltd. (CVE:CVV - Get Free Report)'s share price was up 1.3% during trading on Wednesday . The stock traded as high as C$0.80 and last traded at C$0.78. Approximately 136,264 shares were traded during trading, a decline of 70% from the average daily volume of 453,393 shares. The stock had previously closed at C$0.77.

Wall Street Analysts Forecast Growth

Separately, Desjardins upgraded CanAlaska Uranium to a "moderate buy" rating in a research report on Thursday, April 3rd.

View Our Latest Report on CVV

CanAlaska Uranium Stock Performance

The company's 50-day moving average price is C$0.81. The firm has a market cap of C$149.63 million and a P/E ratio of -17.33.

Insider Activity at CanAlaska Uranium

In other CanAlaska Uranium news, Senior Officer Peter George Dasler sold 50,000 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of C$0.76, for a total value of C$38,000.00. Also, Director Cory Lane Belyk sold 38,500 shares of the stock in a transaction that occurred on Monday, May 26th. The stock was sold at an average price of C$0.86, for a total value of C$33,110.00. Insiders have sold 543,500 shares of company stock worth $436,740 over the last quarter.

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