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

Shares of Unigold Inc. (CVE:UGDGet Free Report) shot up 26.7% 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 Price Performance

The company has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07. The firm has a market cap of C$26.05 million, a PE 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.

Further Reading

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