Unigold (CVE:UGD) Stock Price Up 26.7% – Here’s Why

Unigold Inc. (CVE:UGDGet Free Report) traded up 26.7% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 602,000 shares changed hands during mid-day trading, an increase of 320% from the average session volume of 143,185 shares. The stock had previously closed at C$0.08.

Unigold Stock Performance

The firm has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$26.05 million, a P/E ratio of -9.12 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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