Fiore Gold (CVE:F) Shares Climb 6.1% – What’s Next?

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

Fiore Gold Price Performance

The firm’s fifty day simple moving average is C$1.40 and its 200 day simple moving average is C$1.40. The firm has a market cap of C$140.94 million and a P/E 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.

Fiore Gold Company Profile

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.