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Unigold ( (TSE:UGD) ) just unveiled an announcement.
Unigold Inc. has granted deferred share units to its independent directors, partly in lieu of cash director fees and partly as year-end incentives, all priced at $0.20, reinforcing an equity-based approach to board compensation. The company has also approved the issuance of up to 4.8 million incentive stock options to officers, employees and consultants, exercisable at $0.20 per share until the end of 2030, a move that underscores its reliance on long-term share incentive plans to retain key personnel and align compensation with future share price performance.
The most recent analyst rating on (TSE:UGD) stock is a Hold with a C$0.16 price target. To see the full list of analyst forecasts on Unigold stock, see the TSE:UGD Stock Forecast page.
Spark’s Take on TSE:UGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:UGD is a Neutral.
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn despite being debt-free), supported by a bearish-to-soft technical setup (below key moving averages with negative MACD). Valuation is also constrained by negative earnings and no dividend yield data.
To see Spark’s full report on TSE:UGD stock, click here.
More about Unigold
Unigold Inc. is a Toronto-based company listed on the TSX Venture Exchange, OTC and Frankfurt exchanges. While this release does not detail its operations, Unigold is active in the mining and exploration sector and uses equity-based compensation to align directors, officers, employees and consultants with shareholder interests.
Average Trading Volume: 196,023
Technical Sentiment Signal: Buy
Current Market Cap: C$49.62M
Find detailed analytics on UGD stock on TipRanks’ Stock Analysis page.