Insider Selling: Unigold (CVE:UGD) Director Sells 200,000 Shares of Stock

Unigold Inc. (CVE:UGD) Director Jose Francisco Arata sold 200,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of C$0.30, for a total transaction of C$60,000.00. Following the sale, the director owned 1,050,000 shares of the company’s stock, valued at approximately C$315,000. This represents a 16.00% decrease in their ownership of the stock.

Unigold Stock Performance

Shares of UGD stock traded down C$0.02 during mid-day trading on Tuesday, reaching C$0.27. 67,157 shares of the company’s stock traded hands, compared to its average volume of 341,631. Unigold Inc. has a 12 month low of C$0.07 and a 12 month high of C$0.47. The firm has a 50 day moving average price of C$0.38 and a two-hundred day moving average price of C$0.26. The firm has a market capitalization of C$89.78 million, a PE ratio of -26.50 and a beta of 0.76.

About Unigold

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. The company was formerly known as Caribgold Resources Inc and changed its name to Unigold Inc in December 2002. Unigold Inc was incorporated in 1990 and is headquartered in Toronto, Canada.