Unigold (CVE:UGD) Trading Down 10.5% – Time to Sell?

Unigold Inc. (CVE:UGDGet Free Report)’s share price was down 10.5% on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 120,000 shares changed hands during trading, a decline of 7% from the average daily volume of 128,524 shares. The stock had previously closed at C$0.10.

Unigold Stock Down 10.5 %

The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The company has a market cap of C$23.31 million, a price-to-earnings ratio of -8.16 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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