Fiore Gold (CVE:F) Trading 6.1% Higher – Here’s Why

Fiore Gold Ltd. (CVE:F) traded up 6.1% on Tuesday . The stock traded as high as C$1.40 and last traded at C$1.40. 238,159 shares changed hands 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 company has a market capitalization of C$140.94 million and a P/E ratio of 5.07. The company has a quick ratio of 1.87, a current ratio of 5.24 and a debt-to-equity ratio of 2.37. The business has a 50 day simple moving average of C$1.40 and a 200-day simple moving average of C$1.40.

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.