Fury Gold Mines (TSE:FURY) Trading Down 6.9% – Should You Sell?

Fury Gold Mines Limited (TSE:FURYGet Free Report)’s share price dropped 6.9% during trading on Monday . The company traded as low as C$0.80 and last traded at C$0.81. Approximately 363,137 shares changed hands during trading, an increase of 255% from the average daily volume of 102,379 shares. The stock had previously closed at C$0.87.

Fury Gold Mines Stock Performance

The business has a 50 day moving average of C$0.88 and a 200 day moving average of C$0.72. The company has a market capitalization of C$151.93 million, a P/E ratio of -1.11 and a beta of 2.00. The company has a quick ratio of 3.34, a current ratio of 4.43 and a debt-to-equity ratio of 0.06.

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.

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