Insider Selling: Unigold (CVE:UGD) Director Sells 100,000 Shares of Stock

Unigold Inc. (CVE:UGD) Director Jose Francisco Arata sold 100,000 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The stock was 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 715,000 shares in the company, valued at approximately C$143,000. This trade represents a 12.27% decrease in their position.

Jose Francisco Arata also recently made the following trade(s):

• On Monday, July 13th, Jose Francisco Arata sold 100,000 shares of Unigold stock. The stock was sold at an average price of C$0.20, for a total transaction of C$20,000.00.
• On Friday, June 12th, Jose Francisco Arata sold 50,000 shares of Unigold stock. The shares were sold at an average price of C$0.26, for a total transaction of C$13,000.00.
• On Friday, May 15th, Jose Francisco Arata sold 200,000 shares of Unigold stock. The stock was sold at an average price of C$0.30, for a total value of C$60,000.00.

Unigold Price Performance

Shares of UGD remained flat at C$0.20 on Thursday. 113,200 shares of the company were exchanged, compared to its average volume of 261,806. The stock has a market capitalization of C$66.07 million, a PE ratio of -19.50 and a beta of 0.58. The company’s 50-day moving average price is C$0.24 and its 200 day moving average price is C$0.28. Unigold Inc. has a one year low of C$0.10 and a one year high of C$0.47.

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.