Unigold Inc. (CVE:UGD – Get Free Report) shares traded down 1.3% during trading on Monday following insider selling activity. The company traded as low as C$0.38 and last traded at C$0.38. 265,313 shares were traded during mid-day trading, a decline of 25% from the average session volume of 356,110 shares. The stock had previously closed at C$0.39.
Specifically, Director Joseph Andrew Hamilton sold 65,000 shares of the company’s 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 of the company’s stock, valued at approximately C$1,172,850. This represents a 2.27% decrease in their ownership of the stock. Also, Director Charles Elijah Page sold 75,000 shares of Unigold stock in a transaction on Monday, March 23rd. The shares were sold at an average price of C$0.43, for a total transaction of C$32,250.00. Following the completion of the transaction, the director owned 387,050 shares in the company, valued at approximately C$166,431.50. This trade represents a 16.23% decrease in their position.
Unigold Stock Performance
The firm has a market capitalization of C$109.77 million, a price-to-earnings ratio of -14.00 and a beta of 1.15. The business has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.22.
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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