Unigold (CVE:UGD) Director Jose Francisco Arata Sells 100,000 Shares of Company Stock

Key Points

  • Director Jose Francisco Arata sold 100,000 Unigold shares at an average price of C$0.20, generating C$20,000 in proceeds.
  • Following the transaction, Arata retained 615,000 shares valued at approximately C$123,000, representing a 13.99% reduction in his ownership.
  • Unigold shares opened at C$0.19, compared with 50-day and 200-day moving averages of C$0.21 and C$0.26, respectively; the company explores gold and other minerals in Canada and the Dominican Republic.

Unigold Inc. (CVE:UGD - Get Free Report) Director Jose Francisco Arata sold 100,000 shares of Unigold stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of C$0.20, for a total transaction of C$20,000.00. Following the completion of the sale, the director owned 615,000 shares in the company, valued at approximately C$123,000. This represents a 13.99% decrease in their ownership of the stock.

Unigold Price Performance

Unigold stock opened at C$0.19 on Tuesday. The firm has a 50-day moving average price of C$0.21 and a two-hundred day moving average price of C$0.26. The firm has a market capitalization of C$64.37 million, a price-to-earnings ratio of -19.00 and a beta of 0.22. Unigold Inc. has a 52-week low of C$0.15 and a 52-week high of C$0.47.

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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