Unigold (CVE:UGD) Trading Up 25% – Here’s Why

Unigold Inc. (CVE:UGDGet Free Report) shot up 25% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.10. 390,540 shares were traded during mid-day trading, an increase of 96% from the average session volume of 198,757 shares. The stock had previously closed at C$0.08.

Unigold Stock Up 25.0 %

The firm has a market capitalization of C$27.43 million, a price-to-earnings ratio of -10.00 and a beta of 1.27. The firm’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.06.

Unigold Company Profile

(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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