Unigold (CVE:UGD) Shares Cross Below 50-Day Moving Average – Time to Sell?

Unigold Inc. (CVE:UGDGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.20 and traded as low as C$0.18. Unigold shares last traded at C$0.19, with a volume of 90,501 shares.

Unigold Stock Down 2.6%

The stock’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.28. The company has a market cap of C$64.37 million, a price-to-earnings ratio of -19.00 and a beta of 0.55.

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. 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.

Further Reading

Receive News & Ratings for Unigold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unigold and related companies with MarketBeat.com's FREE daily email newsletter.