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

Freegold Ventures Limited (TSE:FVL)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 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.

Freegold Ventures Stock Performance

The stock’s 50-day moving average price is C$0.43 and its 200-day moving average price is C$0.42. The company has a current ratio of 7.47, a quick ratio of 3.72 and a debt-to-equity ratio of 0.12. The company has a market capitalization of C$216.63 million, a P/E ratio of -48.50 and a beta of 2.35.

About Freegold Ventures

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.