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

Freegold Ventures Limited (TSE:FVL) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 firm’s 50 day simple moving average is C$0.80 and its 200 day simple moving average is C$0.78. The firm has a market capitalization of C$353.07 million, a price-to-earnings ratio of -63.00 and a beta of 2.52. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.72 and a current ratio of 6.25.

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.