CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Free Report) shares shot up 1.9% on Friday . The stock traded as high as $0.56 and last traded at $0.54. 53,421 shares changed hands during trading, a decline of 39% from the average session volume of 87,126 shares. The stock had previously closed at $0.53.
CanAlaska Uranium Price Performance
The stock’s 50 day simple moving average is $0.53 and its 200-day simple moving average is $0.47.
CanAlaska Uranium Company Profile
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.
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