Fury Gold Mines (TSE:FURY) Shares Down 1.4% - Should You Sell?

Key Points

• Fury Gold Mines Ltd shares decreased by 1.4%, trading at C$0.68 on Wednesday, amidst a notable decline in trading volume.
• The company has a market cap of C$104.83 million and a negative PE ratio of -7.77, indicating financial challenges.
• Fury Gold Mines operates in major mining regions in Canada, including James Bay, Quebec, and the Golden Triangle, British Columbia, focusing on exploration and development projects.

Fury Gold Mines Limited (TSE:FURY - ) shares were down 1.4% on Wednesday . The stock traded as low as C$0.68 and last traded at C$0.68. Approximately 33,573 shares were traded during trading, a decline of 41% from the average daily volume of 57,198 shares. The stock had previously closed at C$0.69.

Fury Gold Mines Stock Performance

The stock has a market cap of C$104.83 million, a PE ratio of -7.77 and a beta of 1.45. The stock has a fifty day moving average of C$0.70 and a 200-day moving average of C$0.61. The company has a quick ratio of 3.34, a current ratio of 4.43 and a debt-to-equity ratio of 0.06.

Fury Gold Mines Company Profile

Fury Gold Mines Ltd is a Canadian-focused exploration and development company strategically positioned in three prolific mining regions: James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region Nunavut. Its projects include Eau Claire, Homestake Ridge, Committee Bay, Eleonore South JV, and Gibson MacQuoid.

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