Unigold (CVE:UGD) Trading Up 26.7% – Should You Buy?

Unigold Inc. (CVE:UGDGet Free Report) shares shot 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. 602,000 shares changed hands during mid-day trading, an increase of 320% from the average session volume of 143,185 shares. The stock had previously closed at C$0.08.

Unigold Stock Performance

The stock has a market capitalization of C$26.05 million, a price-to-earnings ratio of -9.12 and a beta of 1.27. The business has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.07.

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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