Fiore Gold Ltd (CVE:F) shot up 14.9% on Friday . The stock traded as high as C$1.02 and last traded at C$1.00, 607,623 shares were traded during mid-day trading. An increase of 177% from the average session volume of 219,100 shares. The stock had previously closed at C$0.87.
The firm has a fifty day moving average of C$0.67 and a 200-day moving average of C$0.53. The company has a quick ratio of 0.85, a current ratio of 4.23 and a debt-to-equity ratio of 8.87. The stock has a market capitalization of $96.74 million and a price-to-earnings ratio of 49.50.
Fiore Gold (CVE:F) last announced its quarterly earnings results on Thursday, February 27th. The company reported C$0.01 earnings per share for the quarter. The firm had revenue of C$17.26 million during the quarter. As a group, research analysts forecast that Fiore Gold Ltd will post 0.14 EPS for the current fiscal year.
Fiore Gold Ltd. operates as a gold production and development company in the Americas. The company's projects include the Pan Mine, an open-pit, heap-leach mine in White Pine County, Nevada; the Gold Rock project, which covers an area of 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.
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