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Freegold Ventures (TSE:FVL) Trading Up 13.5% - Here's Why

Freegold Ventures logo with Basic Materials background

Key Points

  • Freegold Ventures Limited shares increased by 13.5% during mid-day trading, reaching a high of C$1.61 before closing at C$1.60.
  • The company has a market capitalization of C$888.98 million, a quick ratio of 3.72, and notable financial ratios indicating low debt levels.
  • Freegold Ventures is currently focused on exploring and developing precious and base metal properties, including projects in Alaska.
  • MarketBeat previews top five stocks to own in November.

Freegold Ventures Limited (TSE:FVL - Get Free Report) rose 13.5% during mid-day trading on Thursday . The stock traded as high as C$1.61 and last traded at C$1.60. Approximately 1,135,750 shares traded hands during mid-day trading, an increase of 198% from the average daily volume of 381,611 shares. The stock had previously closed at C$1.41.

Freegold Ventures Stock Down 6.1%

The firm has a 50-day simple moving average of C$1.29 and a 200 day simple moving average of C$1.10. The company has a market capitalization of C$814.90 million, a PE ratio of -359.77 and a beta of 1.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 7.41 and a quick ratio of 3.72.

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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