Unigold (CVE:UGD) Stock Price Down 10.5% – Here’s Why

Unigold Inc. (CVE:UGDGet Free Report) shares were down 10.5% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 120,000 shares changed hands during trading, a decline of 7% from the average daily volume of 128,524 shares. The stock had previously closed at C$0.10.

Unigold Price Performance

The firm has a market capitalization of C$23.31 million, a price-to-earnings ratio of -8.16 and a beta of 1.27. The business has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.07.

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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