Fiore Gold (CVE:F) Stock Jumps 6.1% – Here’s What Happened

Shares of Fiore Gold Ltd. (CVE:F – Get Free Report) were up 6.1% on Wednesday. The stock traded as high as C$1.40 and last traded at C$1.40. 238,159 shares were traded during mid-day trading, an increase of 106% from the average session volume of 115,802 shares. The stock had previously closed at C$1.32.

Fiore Gold Stock Performance

The stock’s fifty day moving average is C$1.40 and its two-hundred day moving average is C$1.40. The firm has a market capitalization of C$140.94 million and a price-to-earnings ratio of 5.07. The company has a debt-to-equity ratio of 2.37, a quick ratio of 1.87 and a current ratio of 5.24.

About Fiore Gold

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Fiore Gold Ltd. operates as a gold production and development company in the United States. The company's projects include the Pan Mine, an open pit, heap leach mine located in White Pine County, Nevada; the Gold Rock project, which covers an area of approximately 20,300 hectares of contiguous land package on the Battle Mountain-Eureka Trend; and the Golden Eagle project that covers an area of approximately 339.3 acres located in Ferry County, Washington. Its projects also include the Rio Loa property, which covers an area of approximately 1,000 hectares in Chile.

Further Reading

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