Fremont Gold (CVE:FRE) Trading Up 19% – Here’s What Happened

Fremont Gold Ltd. (CVE:FRE) traded up 19% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.13. 110,467 shares changed hands during trading, an increase of 199% from the average session volume of 36,954 shares. The stock had previously closed at C$0.11.

Analyst Ratings Changes

Separately, National Bankshares reduced their price objective on shares of Fremont Gold from C$17.00 to C$16.50 in a research note on Friday, September 27th.

Fremont Gold Trading Up 19.0 %

The stock has a market capitalization of C$7.26 million, a P/E ratio of -0.96 and a beta of 0.43. The company has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.10.

Fremont Gold Company Profile

Fremont Gold Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States and Canada. The company explores for gold and copper deposit. The company was formerly known as Palisades Ventures Inc and changed its name to Fremont Gold Ltd.