Unigold (CVE:UGD) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Unigold Inc. (CVE:UGDGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as low as C$0.18. Unigold shares last traded at C$0.19, with a volume of 90,501 shares changing hands.

Unigold Price Performance

The stock has a 50 day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.28. The company has a market cap of C$64.37 million, a PE ratio of -19.00 and a beta of 0.55.

About Unigold

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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.

Further Reading

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