November 04 was a positive day for Freehold Royalties Ltd. (FRU:CA) as its stock finished the day having gained 5.54% to hit a price of $6.86 a share. The company reached a market cap of 813 million and has 118.57 million shares outstanding. Freehold Royalties Ltd. is a component of the the S&P/TSX SmallCap Index.
587,214 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Freehold Royalties Ltd..
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. The company is directly and indirectly involved in the development and production of oil and natural gas, predominantly in Western Canada.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Thomas Mullane.
Freehold Royalties Ltd. has hit a high of $9.88 and reached a low of $6.34 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 1.11.
The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.
