CanAlaska Uranium (OTCMKTS:CVVUF) Shares Down 8.3% – Should You Sell?

CanAlaska Uranium Ltd. (OTCMKTS:CVVUFGet Free Report) shares dropped 8.3% on Thursday . The stock traded as low as $0.55 and last traded at $0.55. Approximately 33,997 shares were traded during trading, a decline of 51% from the average daily volume of 69,236 shares. The stock had previously closed at $0.60.

CanAlaska Uranium Stock Performance

The business’s 50 day moving average is $0.55 and its two-hundred day moving average is $0.54.

CanAlaska Uranium Company Profile

(Get Free Report)

CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin.

Recommended Stories

Receive News & Ratings for CanAlaska Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CanAlaska Uranium and related companies with MarketBeat.com's FREE daily email newsletter.