Nathan Jeffrey Bridge Sells 24,500 Shares of CanAlaska Uranium (CVE:CVV) Stock

CanAlaska Uranium Ltd. (CVE:CVV) insider Nathan Jeffrey Bridge sold 24,500 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of C$0.62, for a total value of C$15,190.00. Following the completion of the transaction, the insider directly owned 105,500 shares in the company, valued at approximately C$65,410. This represents a 18.85% decrease in their position.

Nathan Jeffrey Bridge also recently made the following trade(s):

• On Thursday, May 7th, Nathan Jeffrey Bridge sold 500 shares of CanAlaska Uranium stock. The shares were sold at an average price of C$0.63, for a total value of C$315.00.
• On Friday, May 8th, Nathan Jeffrey Bridge sold 50,000 shares of CanAlaska Uranium stock. The stock was sold at an average price of C$0.62, for a total value of C$31,000.00.

CanAlaska Uranium Trading Up 4.8%

Shares of CVE:CVV traded up C$0.03 during midday trading on Monday, reaching C$0.65. The company had a trading volume of 322,350 shares, compared to its average volume of 564,328. The company’s 50 day moving average price is C$0.74 and its 200 day moving average price is C$0.74. The stock has a market cap of C$143.07 million, a P/E ratio of -7.22 and a beta of 0.05. CanAlaska Uranium Ltd. has a 52-week low of C$0.51 and a 52-week high of C$1.26.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group set a C$1.35 price target on shares of CanAlaska Uranium and gave the stock a “moderate buy” rating in a report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$1.35.