Unigold (CVE:UGD) Stock Price Up 7.9% - Should You Buy?

Key Points

• Unigold Inc. experienced a stock price increase of 7.9%, trading at C$0.21 after reaching as high as C$0.22 during the day.
• The company's market capitalization stands at C$55.95 million, with a price-to-earnings ratio of -14.00 reflecting its current financial situation.
• Unigold focuses on exploring and developing gold projects in Canada and the Dominican Republic, holding a 100% interest in key properties in the region.

Unigold Inc. (CVE:UGD - )'s stock price shot up 7.9% during mid-day trading on Friday . The company traded as high as C$0.22 and last traded at C$0.21. 332,000 shares traded hands during trading, an increase of 92% from the average session volume of 173,122 shares. The stock had previously closed at C$0.19.

Unigold Stock Up 10.5%

The firm has a market capitalization of C$58.75 million, a P/E ratio of -14.00 and a beta of 0.83. The stock has a fifty day moving average of C$0.16 and a 200-day moving average of C$0.13.

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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