Fremont Gold Ltd (CVE:FRE) shares fell 15% during trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09, 182,500 shares were traded during mid-day trading. An increase of 103% from the average session volume of 89,776 shares. The stock had previously closed at C$0.10.
The firm has a market cap of $7.04 million and a price-to-earnings ratio of -3.70. The stock’s 50 day moving average is C$0.08 and its 200 day moving average is 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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