Unigold (CVE:UGD) Trading 13.6% Higher – Still a Buy?

Unigold Inc. (CVE:UGDGet Free Report)’s stock price was up 13.6% on Monday . The company traded as high as C$0.25 and last traded at C$0.25. 94,140 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 221,975 shares. The stock had previously closed at C$0.22.

Unigold Trading Up 13.6%

The company’s 50 day simple moving average is C$0.20 and its 200-day simple moving average is C$0.28. The firm has a market cap of C$84.70 million, a P/E ratio of -25.00 and a beta of 0.55.

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. 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.

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