Fremont Gold (CVE:FRE) Trading Up 50%

Fremont Gold Ltd (CVE:FRE) shares were up 50% during mid-day trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09, approximately 195,001 shares traded hands during mid-day trading. An increase of 164% from the average daily volume of 73,876 shares. The stock had previously closed at C$0.06.

The firm has a market cap of $3.75 million and a PE ratio of -1.35. The company has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.10.

About Fremont Gold (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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