Jose Francisco Arata Sells 200,000 Shares of Unigold (CVE:UGD) Stock

Key Points

  • Unigold director Jose Francisco Arata sold 200,000 shares on May 15 at an average price of C$0.30, generating C$60,000 in proceeds.
  • After the sale, Arata still held 1.05 million shares, but the transaction represented a 16% reduction in his position.
  • Unigold shares were down 5.4% and last opened at C$0.27; the company has a market cap of about C$89.78 million and focuses on gold and other mineral exploration projects in Canada and the Dominican Republic.

Unigold Inc. (CVE:UGD - Get Free Report) Director Jose Francisco Arata sold 200,000 shares of Unigold stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$0.30, for a total transaction of C$60,000.00. Following the completion of the transaction, the director owned 1,050,000 shares in the company, valued at approximately C$315,000. The trade was a 16.00% decrease in their position.

Unigold Stock Down 5.4%

Shares of CVE:UGD opened at C$0.27 on Wednesday. The stock has a market cap of C$89.78 million, a PE ratio of -26.50 and a beta of 0.76. The company's fifty day moving average is C$0.38 and its 200 day moving average is C$0.26. Unigold Inc. has a 52 week low of C$0.07 and a 52 week high of C$0.47.

About Unigold

(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.

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