Unigold (CVE:UGD) Shares Down 1.2% - What's Next?

Key Points

• Shares fell 1.2% to last trade C$0.42 (intraday low C$0.37) on heavy volume of ~633,754 shares, a 78% increase versus the average daily volume.
• Unigold has a market cap of C$126.32 million and a negative P/E (-14), with a beta of 1.15 and the stock trading well above its 50‑day (C$0.27) and 200‑day (C$0.21) moving averages.
• The company is a junior gold explorer focused on projects in Canada and the Dominican Republic, holding 100% of the Neita property (21,031 ha) and the Candelones Oxide project.

Unigold Inc. (CVE:UGD - )'s share price dropped 1.2% during trading on Monday . The stock traded as low as C$0.37 and last traded at C$0.42. Approximately 633,754 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 356,365 shares. The stock had previously closed at C$0.43.

Unigold Price Performance

The company has a market cap of C$126.32 million, a P/E ratio of -14.00 and a beta of 1.15. The stock has a fifty day moving average price of C$0.27 and a two-hundred day moving average price of C$0.21.

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. 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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