Unigold (CVE:UGD) Trading Down 16.7% – Should You Sell?

Shares of Unigold Inc. (CVE:UGDGet Free Report) traded down 16.7% during mid-day trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 284,000 shares traded hands during trading, an increase of 94% from the average session volume of 146,726 shares. The stock had previously closed at C$0.15.

Unigold Trading Down 16.7%

The stock’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.08. The firm has a market capitalization of C$34.28 million, a price-to-earnings ratio of -12.00 and a beta of 1.27.

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.

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