National Bankshares Trims Fremont Gold (CVE:FRE) Target Price to C$16.50

Fremont Gold (CVE:FRE) had its target price lowered by National Bankshares from C$17.00 to C$16.50 in a research note issued to investors on Friday, BayStreet.CA reports.

Fremont Gold Trading Up 9.5 %

FRE opened at C$0.12 on Friday. The stock’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.10. Fremont Gold has a 12-month low of C$0.05 and a 12-month high of C$0.14. The firm has a market cap of C$6.68 million, a price-to-earnings ratio of -0.88 and a beta of 0.45.

About Fremont Gold

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.