Unigold (CVE:UGD) Director Jose Francisco Arata Sells 200,000 Shares

Unigold Inc. (CVE:UGD) Director Jose Francisco Arata sold 200,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of C$0.30, for a total transaction of C$60,000.00. Following the completion of the transaction, the director owned 1,050,000 shares of the company’s stock, valued at approximately C$315,000. The trade was a 16.00% decrease in their ownership of the stock.

Unigold Stock Down 5.4%

UGD traded down C$0.02 during mid-day trading on Tuesday, reaching C$0.27. 67,157 shares of the company traded hands, compared to its average volume of 341,631. The stock has a market capitalization of C$89.78 million, a P/E ratio of -26.50 and a beta of 0.76. The company’s fifty day moving average price is C$0.38 and its 200-day moving average price is C$0.26. Unigold Inc. has a 52-week low of C$0.07 and a 52-week high of C$0.47.

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.