Insider Selling: Unigold (CVE:UGD) Director Sells C$13,000.00 in Stock

Unigold Inc. (CVE:UGD) Director Jose Francisco Arata sold 50,000 shares of Unigold stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of C$0.26, for a total value of C$13,000.00. Following the transaction, the director directly owned 1,000,000 shares in the company, valued at approximately C$260,000. This trade represents a 4.76% decrease in their position.

Jose Francisco Arata also recently made the following trade(s):

• On Friday, May 15th, Jose Francisco Arata sold 200,000 shares of Unigold stock. The stock was sold at an average price of C$0.30, for a total value of C$60,000.00.

Unigold Price Performance

UGD opened at C$0.27 on Monday. The firm has a market cap of C$89.78 million, a price-to-earnings ratio of -26.50 and a beta of 0.51. Unigold Inc. has a 52 week low of C$0.11 and a 52 week high of C$0.47. The business’s 50 day moving average is C$0.33 and its two-hundred day moving average is C$0.27.

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.