Fury Gold Mines (TSE:FURY) Shares Down 3.6% – Here’s Why

Fury Gold Mines Limited (TSE:FURYGet Free Report)’s share price traded down 3.6% during trading on Wednesday . The stock traded as low as C$0.52 and last traded at C$0.54. 52,454 shares were traded during trading, a decline of 8% from the average session volume of 56,716 shares. The stock had previously closed at C$0.56.

Fury Gold Mines Price Performance

The stock has a market cap of C$83.30 million, a PE ratio of -5.00 and a beta of 1.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.34 and a current ratio of 4.10. The business has a 50 day moving average price of C$0.60 and a two-hundred day moving average price of C$0.57.

About Fury Gold Mines

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Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration in Canada. Its principal projects include 100% owned Eau Claire property covering an area of approximately 24,000 hectares located in the Eeyou Istchee/James Bay Region of Quebec; ans Committee Bay gold project with approximately 250,000 hectares located in Nunavut, Canada.

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