Unigold (CVE:UGD) Stock Price Up 25% – Time to Buy?

Shares of Unigold Inc. (CVE:UGDGet Free Report) shot up 25% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.10. 390,540 shares were traded during trading, an increase of 109% from the average session volume of 187,057 shares. The stock had previously closed at C$0.08.

Unigold Stock Up 25.0 %

The business’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.06. The firm has a market capitalization of C$27.43 million, a price-to-earnings ratio of -10.00 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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