Freegold Ventures (TSE:FVL) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Freegold Ventures Limited (TSE:FVL) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.81 and traded as high as C$0.83. Freegold Ventures shares last traded at C$0.83, with a volume of 485,479 shares traded.

Freegold Ventures Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.72 and a current ratio of 6.25. The firm has a market cap of C$370.94 million, a P/E ratio of -63.00 and a beta of 2.52. The company’s 50 day moving average is C$0.81 and its 200 day moving average is C$0.78.

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.