Canuc Resources (CVE:CDA) Reaches New 1-Year Low – What’s Next?

Canuc Resources Co. (CVE:CDAGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 171000 shares changing hands. The stock had previously closed at C$0.06.

Canuc Resources Stock Down 25.0 %

The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.08. The company has a market cap of C$7.20 million, a P/E ratio of -6.00 and a beta of 1.50. The company has a current ratio of 8.71, a quick ratio of 1.03 and a debt-to-equity ratio of 4.03.

About Canuc Resources

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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.

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