Fury Gold Mines (TSE:FURY) Shares Down 5.2% - Here's What Happened

Key Points

• Fury Gold Mines' stock dropped by 5.2% during trading on Thursday, closing at C$0.92 after reaching a low of C$0.89.
• Trading volume surged by 262%, with 241,242 shares exchanged, compared to the average session volume of 66,586 shares.
• The company boasts a debt-to-equity ratio of 0.06, indicating a low level of debt compared to its equity.

Fury Gold Mines Limited (TSE:FURY - )'s stock price fell 5.2% during trading on Thursday . The company traded as low as C$0.89 and last traded at C$0.92. 241,242 shares traded hands during mid-day trading, an increase of 262% from the average session volume of 66,586 shares. The stock had previously closed at C$0.97.

Fury Gold Mines Trading Down 5.2%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.34 and a current ratio of 4.43. The stock's fifty day moving average is C$0.74 and its 200 day moving average is C$0.63. The stock has a market cap of C$157.92 million, a P/E ratio of -1.26 and a beta of 1.71.

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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