Fremont Gold Ltd (CVE:FRE) shares dropped 15% during mid-day trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09, approximately 182,500 shares changed hands during mid-day trading. An increase of 103% from the average daily volume of 89,776 shares. The stock had previously closed at C$0.10.
The stock has a market capitalization of $7.04 million and a P/E ratio of -3.70. The business has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.07.
Fremont Gold Company Profile (CVE:FRE)
Fremont Gold Ltd. operates as a mineral exploration and development company with interests in gold projects in the state of Nevada. The company's flagship properties are the Gold Bar property that comprises approximately 2,235 hectares and is located in the historic Gold Bar mining district in Eureka County; and Gold Canyon project that consists of 26 unpatented lode mining claims covering approximately 186 hectares situated in Eureka County, Nevada.
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