Unigold Inc. (CVE:UGD – Get Free Report) shares shot up 25% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.10. 390,540 shares changed hands during mid-day trading, an increase of 96% from the average session volume of 198,757 shares. The stock had previously closed at C$0.08.
Unigold Stock Down 5.0 %
The firm’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.06. The stock has a market capitalization of C$26.05 million, a P/E ratio of -9.50 and a beta of 1.27.
About Unigold
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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