Unigold (CVE:UGD) Shares Up 31.3% – What’s Next?

Unigold Inc. (CVE:UGDGet Free Report)’s stock price rose 31.3% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 570,181 shares changed hands during mid-day trading, an increase of 134% from the average daily volume of 243,444 shares. The stock had previously closed at C$0.08.

Unigold Stock Performance

The firm’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.06. 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.

About Unigold

(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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