Freegold Ventures (TSE:FVL) Stock Price Passes Above Fifty Day Moving Average - Here's What Happened

Key Points

• Freegold Ventures Limited saw its share price rise above its 50-day moving average of C$1.24, with the stock trading as high as C$1.25 recently.
• The company's current market capitalization is approximately C$399.18 million, with a debt-to-equity ratio of 0.07 and a PE ratio of -348.26.
• Freegold Ventures is in the exploration stage, primarily focused on acquiring and developing precious and base metal properties in Alaska, including projects like Golden Summit and Shorty Creek.

Freegold Ventures Limited (TSE:FVL - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.24 and traded as high as C$1.25. Freegold Ventures shares last traded at C$1.21, with a volume of 127,888 shares traded.

Freegold Ventures Price Performance

The firm's fifty day simple moving average is C$1.24 and its 200 day simple moving average is C$1.05. The firm has a market cap of C$376.08 million, a P/E ratio of -328.11 and a beta of 2.52. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.72 and a current ratio of 7.41.

Freegold Ventures Company Profile

Freegold Ventures Ltd is an exploration stage company. It is engaged in the process of acquiring, exploring and developing precious and base metal properties. The company's projects include Golden Summit and the Shorty Creek in Alaska.