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

Fury Gold Mines Limited (TSE:FURY)’s share price was down 4.8% during mid-day trading on Wednesday . The company traded as low as C$0.96 and last traded at C$1.00. Approximately 252,155 shares traded hands 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 Stock Performance

The stock’s 50-day simple moving average is C$0.91 and its 200 day simple moving average is 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 company has a market capitalization of C$189.14 million, a PE ratio of -1.35 and a beta of 2.22.

Fury Gold Mines (TSE:FURY) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.03 earnings per share (EPS) for the quarter. As a group, research analysts expect that Fury Gold Mines Limited will post -0.1 earnings per share for the current fiscal year.

About Fury Gold Mines

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.