Fury Gold Mines (TSE:FURY) Trading Down 1.1% - Here's Why

Key Points

• Fury Gold Mines Ltd (TSE:FURY) shares fell by 1.1% to C$0.86, with trading volume significantly up at 214,876 shares, marking a 174% increase from the average daily volume.
• The company has a market capitalization of C$147.62 million, a negative PE ratio of -1.18, and maintains a low debt-to-equity ratio of 0.06.
• Fury Gold Mines is focused on exploration and development in key mining regions across Canada, including James Bay in Quebec and the Golden Triangle in British Columbia.

Fury Gold Mines Limited (TSE:FURY - ) shares dropped 1.1% during mid-day trading on Friday . The company traded as low as C$0.86 and last traded at C$0.86. Approximately 214,876 shares changed hands during mid-day trading, an increase of 174% from the average daily volume of 78,550 shares. The stock had previously closed at C$0.87.

Fury Gold Mines Price Performance

The company has a market cap of C$147.62 million, a PE ratio of -1.18 and a beta of 1.71. The stock has a fifty day moving average price of C$0.80 and a 200-day moving average price of C$0.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.43 and a quick ratio of 3.34.

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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