Freegold Ventures (TSE:FVL) Trading Up 5.4%

Freegold Ventures Limited (TSE:FVL) was up 5.4% during mid-day trading on Thursday . The stock traded as high as C$0.79 and last traded at C$0.78. Approximately 129,765 shares changed hands during trading, a decline of 13% from the average daily volume of 149,104 shares. The stock had previously closed at C$0.74.

Freegold Ventures Price Performance

The company has a quick ratio of 3.72, a current ratio of 16.48 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average is C$0.56 and its 200-day moving average is C$0.47. The company has a market cap of C$366.47 million, a PE ratio of -63.00 and a beta of 2.45.

Insider Activity at Freegold Ventures

In other Freegold Ventures news, insider 2176423 Ontario Ltd. acquired 1,000,000 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were acquired at an average price of C$0.40 per share, for a total transaction of C$400,000.00. Insiders have purchased 2,272,000 shares of company stock worth $1,262,818 over the last 90 days. 29.55% of the stock is owned by company insiders.

Freegold Ventures Company Profile

Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metal properties in the United States and Canada. The company explores for gold, copper, silver, cobalt, and tungsten deposits. It holds interests in the Golden Summit property that consists of 53 patented and 107 unpatented federal claims comprises 240 State of Alaska claims that cover a total area of 5,971.6 hectares; and Shorty Creek property comprises 328 State of Alaska mining claims covering an area of 31,478 acres located in Alaska, the United States.