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Freegold Ventures (TSE:FVL) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Freegold Ventures logo with Basic Materials background

Key Points

  • Freegold Ventures Limited shares rose above their 50-day moving average of C$1.25 during trading, closing at the same price with over 1.2 million shares exchanged.
  • The company has a low **debt-to-equity ratio** of 0.07 and strong liquidity ratios, indicating a solid financial position.
  • Freegold Ventures is an **exploration stage company** focusing on precious and base metal properties, including projects in Alaska.
  • Interested in Freegold Ventures? Here are five stocks we like better.

Freegold Ventures Limited (TSE:FVL - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.25 and traded as high as C$1.25. Freegold Ventures shares last traded at C$1.25, with a volume of 1,211,933 shares.

Freegold Ventures Trading Up 3.8%

The company has a current ratio of 7.41, a quick ratio of 3.72 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$724.94 million, a P/E ratio of -359.77 and a beta of 1.39. The company's fifty day moving average is C$1.25 and its 200-day moving average is C$1.07.

About Freegold Ventures

(Get Free Report)

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.

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