Freegold Ventures (TSE:FVL) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Freegold Ventures Limited (TSE:FVL) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.37 and traded as low as C$1.16. Freegold Ventures shares last traded at C$1.17, with a volume of 644,972 shares traded.

Freegold Ventures Stock Down 4.9%

The company has a current ratio of 29.54, a quick ratio of 3.72 and a debt-to-equity ratio of 0.02. The stock’s 50-day simple moving average is C$1.23 and its 200-day simple moving average is C$1.37. The firm has a market capitalization of C$675.91 million, a P/E ratio of -117.00 and a beta of 2.38.

Freegold Ventures (TSE:FVL) last issued its quarterly earnings data on Monday, March 30th. The company reported C($0.02) earnings per share (EPS) for the quarter.

About Freegold Ventures

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.