Freegold Ventures (TSE:FVL) Shares Pass Below 50 Day Moving Average – Time to Sell?

Freegold Ventures Limited (TSE:FVL) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.88 and traded as low as C$0.65. Freegold Ventures shares last traded at C$0.67, with a volume of 575,749 shares.

Freegold Ventures Stock Up 6.3 %

The business has a 50-day moving average price of C$0.88 and a 200 day moving average price of C$0.75. The stock has a market capitalization of C$299.44 million, a P/E ratio of -63.00 and a beta of 2.52. The company has a current ratio of 6.25, a quick ratio of 3.72 and a debt-to-equity ratio of 0.09.

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.