CanAlaska Uranium Ltd. (OTCMKTS:CVVUF – Get Free Report) shot up 12.3% on Monday . The company traded as high as $0.2466 and last traded at $0.2437. Approximately 113,780 shares traded hands during trading, a decline of 20% from the average daily volume of 141,415 shares. The stock had previously closed at $0.2171.
CanAlaska Uranium Stock Performance
The firm has a 50 day moving average of $0.26 and a 200 day moving average of $0.38.
CanAlaska Uranium Company Profile
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.
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