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

Shares of Freegold Ventures Limited (TSE:FVL) reached a new 52-week high during mid-day trading on Monday . The stock 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 Up 8.0 %

The stock has a 50-day moving average of C$0.66 and a 200 day moving average of C$0.51. The company 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 quick ratio of 3.72, a current ratio of 6.25 and a debt-to-equity ratio of 0.09.

Insider Buying and Selling at Freegold Ventures

In other Freegold Ventures news, insider 2176423 Ontario Ltd. bought 47,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were bought at an average cost of C$0.65 per share, for a total transaction of C$30,507.70. Insiders acquired 1,272,000 shares of company stock worth $862,818 in the last quarter. 29.75% of the stock is currently owned by company insiders.

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.