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Freegold Ventures (TSE:FVL) Trading 10.4% Higher - Time to Buy?

Freegold Ventures logo with Basic Materials background

Freegold Ventures Limited (TSE:FVL - Get Free Report) was up 10.4% on Monday . The stock traded as high as C$1.28 and last traded at C$1.27. Approximately 454,630 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 340,381 shares. The stock had previously closed at C$1.15.

Freegold Ventures Stock Up 13.9%

The stock has a fifty day moving average price of C$1.04 and a 200-day moving average price of C$0.92. 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$432.17 million, a PE ratio of -377.04 and a beta of 2.52.

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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