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Fury Gold Mines (TSE:FURY) Shares Down 1.4% - What's Next?

Fury Gold Mines logo with Basic Materials background

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.
  • Five stocks to consider instead of Fury Gold Mines.

Fury Gold Mines Limited (TSE:FURY - Get Free Report)'s share price was 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 traded hands 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 Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 4.43 and a quick ratio of 3.34. The stock has a market capitalization of C$107.91 million, a P/E ratio of -8.00 and a beta of 1.45. The company's 50 day simple moving average is C$0.70 and its two-hundred day simple moving average is C$0.61.

About Fury Gold Mines

(Get Free Report)

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.

See Also

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