Freegold Ventures (TSE:FVL) Stock Passes Below 50-Day Moving Average of $0.44

Freegold Ventures Limited (TSE:FVL)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.44 and traded as low as C$0.41. Freegold Ventures shares last traded at C$0.42, with a volume of 151,350 shares changing hands.

Freegold Ventures Price Performance

The company has a quick ratio of 3.72, a current ratio of 7.47 and a debt-to-equity ratio of 0.12. The stock’s 50 day moving average price is C$0.44 and its two-hundred day moving average price is C$0.43. The firm has a market capitalization of C$185.36 million, a price-to-earnings ratio of -41.50 and a beta of 2.35.

About Freegold Ventures

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.