Insider Selling: Unigold (CVE:UGD) Director Sells 65,000 Shares of Stock

Key Points

• Director Joseph Andrew Hamilton sold 65,000 shares on March 23 at an average price of C$0.42 for total proceeds of C$27,300, cutting his ownership by 2.27% to 2,792,500 shares (worth ~C$1,172,850).
• Shares and valuation: UGD traded at C$0.39 on Friday with 307,000 shares changing hands (vs. avg 356,110), 50‑day/200‑day moving averages of C$0.28/C$0.22, a 12‑month range of C$0.07–C$0.47, market cap of C$115.79M and a PE of -14.00.
• Company focus: Unigold is a junior explorer of gold (and some copper, silver, zinc) with 100% interest in the 21,031‑hectare Neita property and the Candelones Oxide project in the Dominican Republic.

Unigold Inc. (CVE:UGD - ) Director Joseph Andrew Hamilton sold 65,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of C$0.42, for a total transaction of C$27,300.00. Following the completion of the transaction, the director owned 2,792,500 shares in the company, valued at C$1,172,850. This represents a 2.27% decrease in their ownership of the stock.

Unigold Price Performance

Shares of CVE:UGD remained flat at C$0.39 during trading on Friday. 307,000 shares of the stock traded hands, compared to its average volume of 356,110. The company has a 50-day moving average of C$0.28 and a 200 day moving average of C$0.22. Unigold Inc. has a twelve month low of C$0.07 and a twelve month high of C$0.47. The stock has a market capitalization of C$115.79 million, a PE ratio of -14.00 and a beta of 1.15.

Unigold Company Profile

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. The company was formerly known as Caribgold Resources Inc and changed its name to Unigold Inc in December 2002. Unigold Inc was incorporated in 1990 and is headquartered in Toronto, Canada.

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