Fiore Gold Ltd. FIOGF

This is a win-win

[geezer21]

It is very good buy for Fiore shareholders.

Besides getting a buyout price of $1.80 they also get $0.10/share cash and shares in Calibre that are earning $0.33 per share.

Fiore had earnings per share of $0.28, a return on equity of 35.9% and return on assets of 26.4%. Fiore has the second highest return on equity.


Its fundementals is the best of all the gold producers.  I updated my table on the fundementals of 27 gold miners just last week.

The highest % returns on equity were:

GBU   46.6
KL      14.22
AEM   11.8
ABX    10.3
NGT    11.42
ELD     3.23
AGI      7.07
IMG     3.83
K          21.6
OR        2.7
WDO    18.91
YRI       4.68
CEE      11.5