Unigold (CVE:UGD) Trading Up 26.7% – Still a Buy?

Unigold Inc. (CVE:UGDGet Free Report) was up 26.7% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 602,000 shares changed hands during trading, an increase of 323% from the average daily volume of 142,152 shares. The stock had previously closed at C$0.08.

Unigold Price Performance

The stock’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.07. The company has a market capitalization of C$26.05 million, a P/E ratio of -9.12 and a beta of 1.27.

About Unigold

(Get Free Report)

Unigold Inc, a junior natural resource company, focuses on exploring and developing gold projects in Canada and the Dominican Republic. The company also explores for copper, silver, and zinc deposits. It holds an 100% interest in the Neita property covering an area of 21,031 hectares in the Dominican Republic; and the Candelones Oxide project situated in the Dominican Republic.

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