Freegold Ventures (TSE:FVL) Reaches New 52-Week High at $1.10

Freegold Ventures Limited (TSE:FVL)’s share price reached a new 52-week high during 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 company has a market cap of C$473.74 million, a P/E ratio of -63.00 and a beta of 2.47. The company has a quick ratio of 3.72, a current ratio of 6.25 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of C$0.70 and a two-hundred day simple moving average of C$0.52.

Insiders Place Their Bets

In related news, insider 2176423 Ontario Ltd. acquired 602,000 shares of the firm’s stock in a transaction dated Thursday, August 29th. The shares were purchased at an average price of C$0.81 per share, with a total value of C$487,620.00. Over the last ninety days, insiders have acquired 1,272,000 shares of company stock worth $862,818. Company insiders own 29.75% of the company’s stock.

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.