CanAlaska Uranium (OTCMKTS:CVVUF) Shares Down 1.5% – Here’s Why

Shares of CanAlaska Uranium Ltd. (OTCMKTS:CVVUFGet Free Report) dropped 1.5% during trading on Monday . The company traded as low as $0.5544 and last traded at $0.5663. Approximately 105,230 shares were traded during trading, a decline of 3% from the average daily volume of 108,615 shares. The stock had previously closed at $0.5750.

Analyst Ratings Changes

Separately, Canaccord Genuity Group set a $1.35 target price on shares of CanAlaska Uranium in a report on Monday, January 19th.

Get Our Latest Research Report on CVVUF

CanAlaska Uranium Stock Down 1.5%

The business’s fifty day moving average is $0.60 and its two-hundred day moving average is $0.58.

CanAlaska Uranium Company Profile

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CanAlaska Uranium Ltd. (OTCMKTS: CVVUF) is a Canada‐based mineral exploration company focused primarily on the discovery and development of uranium projects in Western Canada. Established in 1988 and headquartered in Vancouver, British Columbia, CanAlaska maintains a diversified portfolio of exploration properties, with an emphasis on the prolific Athabasca Basin region of northern Saskatchewan. The company is engaged in all stages of exploration, from initial target generation and airborne geophysics to deep‐drill testing and resource estimation.

CanAlaska’s business model centers on securing high‐potential tenure while partnering with larger industry players to advance drilling programs.

Further Reading

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