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Freegold Ventures (TSE:FVL) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Freegold Ventures logo with Basic Materials background
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Shares of Freegold Ventures Limited (TSE:FVL - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.91 and traded as low as C$0.88. Freegold Ventures shares last traded at C$0.94, with a volume of 248,118 shares trading hands.

Freegold Ventures Stock Down 3.3 %

The stock's fifty day simple moving average is C$0.91 and its two-hundred day simple moving average is C$0.91. The company has a debt-to-equity ratio of 0.07, a current ratio of 7.41 and a quick ratio of 3.72. The company has a market capitalization of C$293.61 million, a price-to-earnings ratio of -256.16 and a beta of 2.52.

About Freegold Ventures

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Freegold Ventures Ltd is an exploration stage company. It is engaged in the process of acquiring, exploring and developing precious and base metal properties. The company's projects include Golden Summit and the Shorty Creek in Alaska.

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