Shares of CanAlaska Uranium Ltd. (CVE:CVV - Get Free Report) shot up 1.3% on Wednesday . The company traded as high as C$0.80 and last traded at C$0.78. 136,264 shares changed hands during trading, a decline of 70% from the average session volume of 453,393 shares. The stock had previously closed at C$0.77.
Analyst Ratings Changes
Separately, Desjardins upgraded CanAlaska Uranium to a "moderate buy" rating in a report on Thursday, April 3rd.
Read Our Latest Stock Analysis on CVV
CanAlaska Uranium Stock Down 7.1%
The company has a 50-day moving average of C$0.82. The company has a market capitalization of C$138.94 million and a PE ratio of -16.09.
Insider Transactions at CanAlaska Uranium
In related news, Director Geoffrey Gay sold 40,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$0.84, for a total value of C$33,600.00. Also, Director Karen Lloyd sold 40,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$0.86, for a total value of C$34,400.00. Over the last 90 days, insiders sold 543,500 shares of company stock worth $436,740.
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