Canuc Resources (CVE:CDA) Hits New 12-Month High – Still a Buy?

Canuc Resources Co. (CVE:CDAGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.10, with a volume of 186550 shares changing hands. The stock had previously closed at C$0.10.

Canuc Resources Stock Down 5.0 %

The company has a market capitalization of C$15.20 million, a PE ratio of -9.50 and a beta of 1.50. The company has a debt-to-equity ratio of 4.03, a current ratio of 8.71 and a quick ratio of 1.03. The company has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.07.

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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