Unigold (CVE:UGD) Shares Up 3.6% – Here’s Why

Unigold Inc. (CVE:UGDGet Free Report)’s stock price rose 3.6% on Wednesday . The stock traded as high as C$0.32 and last traded at C$0.29. Approximately 435,099 shares changed hands during mid-day trading, an increase of 131% from the average daily volume of 188,753 shares. The stock had previously closed at C$0.28.

Unigold Price Performance

The firm has a market capitalization of C$97.74 million, a PE ratio of -14.00 and a beta of 0.53. The business’s 50 day moving average is C$0.19 and its two-hundred day moving average is C$0.18.

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. 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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