Unigold (CVE:UGD) Trading 18.9% Higher – Time to Buy?

Unigold Inc. (CVE:UGD) traded up 18.9% on Thursday . The stock traded as high as C$0.23 and last traded at C$0.22. 281,524 shares were traded during mid-day trading, an increase of 59% from the average session volume of 177,501 shares. The stock had previously closed at C$0.19.

Key Stories Impacting Unigold

Here are the key news stories impacting Unigold this week:

• Neutral Sentiment: Market snapshot — UGD is trading lower today; recent session showed lighter volume (≈50,000 shares vs. a ~170,864 average). The 50-day and 200-day moving averages are C$0.18 and C$0.17, respectively. Market cap ≈ C$60.2M, one‑year range C$0.07–C$0.24, PE negative. These datapoints explain part of the price direction but don’t substitute for news-driven catalysts.
• Neutral Sentiment: Next steps — Please paste the article text or links (up to several articles). I will summarize each item and classify likely impact (positive / neutral / negative) on UGD’s stock, with brief reasons and source links.
• Neutral Sentiment: If you’d like, I can instead search for recent public filings, press releases, or news headlines about Unigold from the last 24–36 hours and produce the investor-focused summary. Tell me which you prefer.

Unigold Trading Down 4.8%

The stock has a market capitalization of C$60.15 million, a PE ratio of -14.00 and a beta of 0.53. The company’s 50-day moving average is C$0.18 and its 200 day moving average is C$0.17.

Unigold Company Profile

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.