Freegold Ventures (TSE:FVL) Stock Price Crosses Above 50-Day Moving Average - What's Next?

Key Points

• Freegold Ventures Limited (TSE:FVL) stock price has recently crossed above its 50-day moving average, indicating potential positive momentum in trading.
• The stock reached a high of C$1.54 before closing at C$1.42, with a trading volume of over 1.4 million shares.
• Freegold Ventures operates in the exploration stage, primarily focusing on acquiring and developing precious and base metal properties, including projects in Alaska.

Freegold Ventures Limited (TSE:FVL - )'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.35 and traded as high as C$1.54. Freegold Ventures shares last traded at C$1.42, with a volume of 1,441,266 shares trading hands.

Freegold Ventures Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.72 and a current ratio of 7.41. The firm has a market cap of C$751.40 million, a price-to-earnings ratio of -359.77 and a beta of 1.39. The stock's 50 day simple moving average is C$1.35 and its 200-day simple moving average is C$1.15.

About Freegold Ventures

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.