Shares of Unigold Inc. (CVE:UGD – Get Free Report) rose 25% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.10. Approximately 390,540 shares changed hands during mid-day trading, an increase of 96% from the average daily volume of 198,757 shares. The stock had previously closed at C$0.08.
Unigold Stock Performance
The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. The stock has a market capitalization of C$27.43 million, a P/E ratio of -10.00 and a beta of 1.27.
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.
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