May 18, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Goldfield Corp (NYSEMKT:GV) shares over potential securities laws violations by Goldfield Corp and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Goldfield Corp (NYSEMKT:GV) concerning whether a series of statements by Goldfield Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Goldfield Corp reported that its annual Total Revenue rose from $89.20 million in 2013 to $98.36 million in 2014 while its Net Income of $3.78 million in 2013 declined to a Net loss of $0.32 million in 2014.

Shares of Goldfield Corp (NYSEMKT:GV) grew from $1.53 per share in August 2014 to as high as $2.77 per share in March 2015.

Then on May 15, 2015, Goldfield Corp announced its first quarter 2015 results.

Goldfield Corp reported that its revenue for the three months ended March 31, 2015, increased 39.3% to $30.5 million from $21.9 million in the comparable prior year period while its net loss for the three months ended March 31, 2015, was $(846,000), or $(0.03) loss per share, compared to net income of $335,000, or $0.01 per share in the comparable prior year period.