Freegold Ventures (TSE:FVL) Hits New 12-Month High at $1.10

Freegold Ventures Limited (TSE:FVL)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.10 and last traded at C$1.07, with a volume of 956135 shares changing hands. The stock had previously closed at C$1.00.

Freegold Ventures Stock Performance

The firm has a market capitalization of C$482.67 million, a PE ratio of -63.00 and a beta of 2.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.25 and a quick ratio of 3.72. The company’s fifty day simple moving average is C$0.66 and its 200 day simple moving average is C$0.51.

Insider Buying and Selling

In other Freegold Ventures news, insider 2176423 Ontario Ltd. bought 47,000 shares of the stock in a transaction on Friday, August 23rd. The shares were acquired at an average price of C$0.65 per share, with a total value of C$30,507.70. In the last ninety days, insiders acquired 1,272,000 shares of company stock valued at $862,818. Company insiders own 29.75% of the company’s stock.

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.