Fury Gold Mines (TSE:FURY) Stock Price Down 4.8% – Here’s What Happened

Fury Gold Mines Limited (TSE:FURY) dropped 4.8% on Wednesday . The company traded as low as C$0.96 and last traded at C$1.00. Approximately 252,155 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 444,362 shares. The stock had previously closed at C$1.05.

Fury Gold Mines Trading Down 4.8%

The company has a 50 day moving average of C$0.91 and a 200-day moving average of C$0.85. 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 has a market cap of C$189.14 million, a price-to-earnings ratio of -1.35 and a beta of 2.22.

Fury Gold Mines (TSE:FURY) last released its earnings results on Thursday, November 13th. The company reported C$0.03 earnings per share for the quarter. On average, research analysts anticipate that Fury Gold Mines Limited will post -0.1 earnings per share for the current year.

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.