Unigold (CVE:UGD) Trading Down 20% – Here’s What Happened

Shares of Unigold Inc. (CVE:UGDGet Free Report) dropped 20% during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 128,000 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 133,810 shares. The stock had previously closed at C$0.08.

Unigold Stock Down 20.0 %

The company’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The firm has a market cap of C$16.46 million, a PE ratio of -6.00 and a beta of 1.27.

About Unigold

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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.

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