Unigold (CVE:UGD) Trading 21.1% Higher – Should You Buy?

Unigold Inc. (CVE:UGDGet Free Report) traded up 21.1% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12. 401,000 shares changed hands during trading, an increase of 207% from the average session volume of 130,641 shares. The stock had previously closed at C$0.10.

Unigold Stock Down 8.7%

The company has a market capitalization of C$28.80 million, a price-to-earnings ratio of -10.08 and a beta of 1.27. The business’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.08.

Unigold Company Profile

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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.

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