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Freegold Ventures (TSE:FVL) Shares Cross Above Fifty Day Moving Average - Here's Why

Freegold Ventures logo with Basic Materials background

Shares of Freegold Ventures Limited (TSE:FVL - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.94 and traded as high as C$1.05. Freegold Ventures shares last traded at C$1.03, with a volume of 133,182 shares traded.

Freegold Ventures Trading Up 0.9%

The business has a 50-day moving average of C$0.95 and a 200-day moving average of C$0.88. The stock has a market capitalization of C$359.59 million, a price-to-earnings ratio of -313.72 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.

About Freegold Ventures

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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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