Freegold Ventures (TSE:FVL) Shares Pass Above Fifty Day Moving Average of $0.43

Freegold Ventures Limited (TSE:FVL) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.43 and traded as high as C$0.51. Freegold Ventures shares last traded at C$0.49, with a volume of 217,311 shares trading hands.

Freegold Ventures Price Performance

The stock’s 50 day moving average price is C$0.43 and its two-hundred day moving average price is C$0.42. The company has a debt-to-equity ratio of 0.12, a current ratio of 7.47 and a quick ratio of 3.72. The firm has a market capitalization of C$216.63 million, a price-to-earnings ratio of -48.50 and a beta of 2.35.

Freegold Ventures Company Profile

Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented and 107 unpatented federal claims comprises 240 State of Alaska claims that cover a total area of 5,971.6 hectares; and Shorty Creek property comprises 328 State of Alaska mining claims covering an area of 31,478 acres located in Alaska, the United States.