National Bankshares Cuts Fremont Gold (CVE:FRE) Price Target to C$16.50

Fremont Gold (CVE:FRE) had its price objective reduced by equities researchers at National Bankshares from C$17.00 to C$16.50 in a research report issued to clients and investors on Friday, BayStreet.CA reports.

Fremont Gold Stock Up 9.5 %

Shares of CVE:FRE traded up C$0.01 during midday trading on Friday, reaching C$0.12. 600 shares of the company traded hands, compared to its average volume of 31,932. The firm’s fifty day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10. The firm has a market capitalization of C$6.68 million, a price-to-earnings ratio of -0.88 and a beta of 0.45. Fremont Gold has a 12 month low of C$0.05 and a 12 month high of C$0.14.

About Fremont Gold

Fremont Gold Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States and Canada. The company explores for gold and copper deposit. The company was formerly known as Palisades Ventures Inc and changed its name to Fremont Gold Ltd.