Unigold (CVE:UGD) Shares Up 28.6% – Here’s Why

Unigold Inc. (CVE:UGDGet Free Report)’s stock price shot up 28.6% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. 364,575 shares traded hands during mid-day trading, an increase of 195% from the average session volume of 123,643 shares. The stock had previously closed at C$0.07.

Unigold Trading Up 14.3 %

The company’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.06. The firm has a market capitalization of C$21.94 million, a P/E ratio of -8.00 and a beta of 1.27.

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.

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