Unigold (CVE:UGD) Director Jose Francisco Arata Sells 200,000 Shares of Stock

Unigold Inc. (CVE:UGD) Director Jose Francisco Arata sold 200,000 shares of Unigold stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$0.30, for a total transaction of C$60,000.00. Following the sale, the director directly owned 1,050,000 shares of the company’s stock, valued at C$315,000. This represents a 16.00% decrease in their ownership of the stock.

Unigold Stock Performance

CVE UGD opened at C$0.27 on Wednesday. Unigold Inc. has a 52-week low of C$0.07 and a 52-week high of C$0.47. The company has a market capitalization of C$89.78 million, a P/E ratio of -26.50 and a beta of 0.76. The company has a fifty day moving average of C$0.38 and a 200-day moving average of C$0.26.

Unigold Company Profile

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.