Unigold (CVE:UGD) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Unigold Inc. (CVE:UGDGet Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.20 and traded as low as C$0.20. Unigold shares last traded at C$0.20, with a volume of 78,500 shares.

Unigold Stock Performance

The company has a market cap of C$79.62 million, a price-to-earnings ratio of -23.50 and a beta of 0.55. The business has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.28.

Unigold Company Profile

(Get Free Report)

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.

Further Reading

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