The stock of Unigold Inc. (CVE:UGD) is a huge mover today! About 51,000 shares traded hands. Unigold Inc. (CVE:UGD) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 6 months positive chart setup for the $12.09 million company. It was reported on Dec, 1 by Barchart.com. We have $0.28 PT which if reached, will make CVE:UGD worth $725,400 more.
More recent Unigold Inc. (CVE:UGD) news were published by: Marketwired.com which released: “Evanachan Limited Discloses Holdings in Unigold Inc.” on May 25, 2016. Also Juniorminingnetwork.com published the news titled: “Unigold Intersects 8.0 Metres Grading 9.4 g/t Au and 0.9% Cu” on November 02, 2016. Nasdaq.com‘s news article titled: “Caribbean Island Gold: Scott Jobin-Bevans” with publication date: May 02, 2012 was also an interesting one.
Unigold Inc. is a Canada-based junior natural resource firm focused on exploring and developing its land position in the Dominican Republic, within the Cretaceous age, Tireo Formation. The company has a market cap of $12.09 million. The Tireo Formation is a gold and base metal district, and is approximately 75-kilometer wide series of volcanic and sedimentary rocks trending northwesterly across the island of Hispaniola The Firm owns 100% of the exploration rights for gold, silver, copper, zinc and all associated minerals on the Neita Property in the north western Dominican Republic, as well as an option for the commercial mining of the mineral deposits. It currently has negative earnings. The Firm operates through its Canadian subsidiary, Unigold Resources Inc., and approximately 97% owned subsidiary, Unigold Dominicana, S.R.L.
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