Fiore Gold (CVE:F) Stock Price Up 6.1% – Should You Buy?

Fiore Gold Ltd. (CVE:F) shares rose 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 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 Price Performance

The stock has a market cap of C$140.94 million and a price-to-earnings ratio of 5.07. The company’s 50 day moving average is C$1.40 and its 200 day moving average is C$1.40. The company has a debt-to-equity ratio of 2.37, a current ratio of 5.24 and a quick ratio of 1.87.

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.