Fremont Gold (CVE:FRE) Hits New 12-Month High – Here’s Why

Fremont Gold Ltd. (CVE:FRE)’s share price hit a new 52-week high on Monday . The stock traded as high as C$0.16 and last traded at C$0.15, with a volume of 59533 shares. The stock had previously closed at C$0.13.

Wall Street Analyst Weigh In

Separately, National Bankshares decreased their target price on Fremont Gold from C$17.00 to C$16.50 in a report on Friday, September 27th.

Fremont Gold Price Performance

The business’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.11. The stock has a market capitalization of C$9.87 million, a P/E ratio of -1.31 and a beta of 0.43.

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.