Insider Buying: Freegold Ventures Limited (TSE:FVL) Insider Buys 602,000 Shares of Stock

Freegold Ventures Limited (TSE:FVL) insider 2176423 Ontario Ltd. acquired 602,000 shares of Freegold Ventures stock in a transaction dated Thursday, August 29th. The stock was bought at an average price of C$0.81 per share, with a total value of C$487,620.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Friday, August 23rd, 2176423 Ontario Ltd. acquired 47,000 shares of Freegold Ventures stock. The stock was purchased at an average cost of C$0.65 per share, with a total value of C$30,507.70.
• On Wednesday, August 21st, 2176423 Ontario Ltd. purchased 25,500 shares of Freegold Ventures stock. The shares were purchased at an average cost of C$0.63 per share, for a total transaction of C$16,065.00.
• On Wednesday, July 17th, 2176423 Ontario Ltd. purchased 597,500 shares of Freegold Ventures stock. The stock was bought at an average cost of C$0.55 per share, with a total value of C$328,625.00.
• On Thursday, June 13th, 2176423 Ontario Ltd. acquired 1,000,000 shares of Freegold Ventures stock. The shares were bought at an average price of C$0.40 per share, with a total value of C$400,000.00.

Freegold Ventures Trading Down 4.7 %

Shares of FVL stock opened at C$0.82 on Friday. The stock has a market cap of C$366.47 million, a price-to-earnings ratio of -63.00 and a beta of 2.45. The company has a current ratio of 16.48, a quick ratio of 3.72 and a debt-to-equity ratio of 0.09. Freegold Ventures Limited has a twelve month low of C$0.33 and a twelve month high of C$0.90. The company’s 50-day moving average price is C$0.56 and its 200-day moving average price is C$0.47.

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.