Fiore Gold (CVE:F) Shares Up 6.1% – Time to Buy?

by · The Markets Daily

Fiore Gold Ltd. (CVE:F – Get Free Report) shot 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. 238,159 shares were traded during 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 Trading Up 6.1%

The company has a 50-day moving average price of C$1.40 and a 200-day moving average price of 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.

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