Goldfield Stock Soars (GV)

NEW YORK ( TheStreet) -- Shares of Goldfield (AMEX: GV) have taken a tremendous swing upward. The stock is trading at $1.50 as of 9:30 a.m. ET, 36.4% above Thursday's closing price of $1.10. Volume is at 138,307, 0.6 times the daily average of 239,100.

Goldfield has a market cap of $31.3 million and is part of the industrial goods sector and materials & construction industry. Shares are up 349% year to date as of the close of trading on Thursday.

The Goldfield Corporation, through its subsidiaries, engages in the electrical construction and real estate development business activities in the United States. The company has a P/E ratio of 41, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Goldfield as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Goldfield Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.
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