Unigold (CVE:UGD) Trading Up 25% – Still a Buy?

Unigold Inc. (CVE:UGDGet Free Report) was up 25% during mid-day trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.10. Approximately 390,540 shares traded 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 stock has a market capitalization of C$26.05 million, a price-to-earnings ratio of -9.50 and a beta of 1.27. The firm has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.06.

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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