CanAlaska Uranium (CVE:CVV) Upgraded to Moderate Buy at Desjardins

CanAlaska Uranium (CVE:CVV) was upgraded by analysts at Desjardins to a “moderate buy” rating in a report issued on Thursday,Zacks.com reports.

Separately, Cormark upgraded CanAlaska Uranium to a “moderate buy” rating in a report on Tuesday, January 7th.

CanAlaska Uranium Stock Performance

CVV stock opened at C$0.73 on Thursday. The firm’s 50-day moving average price is C$0.80. CanAlaska Uranium has a 12-month low of C$0.53 and a 12-month high of C$1.00. The stock has a market capitalization of C$130.04 million and a P/E ratio of -15.06.

Insider Activity at CanAlaska Uranium

In related news, Senior Officer Peter George Dasler sold 50,000 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of C$0.85, for a total transaction of C$42,500.00. Also, Director Geoffrey Gay purchased 75,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was bought at an average price of C$0.75 per share, with a total value of C$56,250.00. In the last 90 days, insiders have sold 62,500 shares of company stock worth $51,675.