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Freegold Ventures (TSE:FVL) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Freegold Ventures logo with Basic Materials background

Key Points

  • Freegold Ventures Limited shares surpassed their 50-day moving average, reaching a high of C$1.25, indicating positive trading momentum.
  • The company's market capitalization is C$392.58 million, and it has notable financial metrics including a low debt-to-equity ratio of 0.07.
  • Freegold Ventures is focused on acquiring and developing precious and base metal properties, with key projects located in Alaska such as Golden Summit and Shorty Creek.
  • Interested in Freegold Ventures? Here are five stocks we like better.

Freegold Ventures Limited (TSE:FVL - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . 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$1.19, with a volume of 341,089 shares traded.

Freegold Ventures Stock Performance

The stock has a market capitalization of C$385.98 million, a PE ratio of -336.75 and a beta of 2.52. The business's 50-day moving average is C$1.25 and its two-hundred day moving average is C$1.06. The company has a quick ratio of 3.72, a current ratio of 7.41 and a debt-to-equity ratio of 0.07.

Freegold Ventures Company Profile

(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.

Further Reading

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