Fiore Gold (CVE:F) Stock Price Up 6.1% – What’s Next?

Fiore Gold Ltd. (CVE:F) shares shot up 6.1% on Wednesday . The stock traded as high as C$1.40 and last traded at C$1.40. Approximately 238,159 shares changed hands during mid-day 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 Stock Up 6.1%

The firm’s 50-day moving average is C$1.40 and its two-hundred day moving average is C$1.40. The company has a debt-to-equity ratio of 2.37, a quick ratio of 1.87 and a current ratio of 5.24. The stock has a market cap of C$140.94 million and a P/E ratio of 5.07.

About Fiore Gold

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.