Shares of Unigold Inc. (CVE:UGD – Get Free Report) rose 13.9% on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 215,000 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 166,703 shares. The stock had previously closed at C$0.18.
Unigold Trading Up 13.9%
The firm has a 50-day moving average of C$0.18 and a 200 day moving average of C$0.17. The company has a market cap of C$61.65 million, a P/E ratio of -14.00 and a beta of 0.53.
About Unigold
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.
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