CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Rating) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 108,500 shares, a decline of 27.2% from the December 31st total of 149,100 shares. Based on an average trading volume of 182,700 shares, the days-to-cover ratio is currently 0.6 days.
CanAlaska Uranium Price Performance
Shares of OTCMKTS CVVUF traded up $0.01 during trading on Friday, reaching $0.45. The stock had a trading volume of 17,273 shares, compared to its average volume of 83,981. The firm's 50 day moving average price is $0.32 and its two-hundred day moving average price is $0.34. CanAlaska Uranium has a one year low of $0.21 and a one year high of $0.58.
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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
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