Fury Gold Mines (TSE:FURY) Trading 1.8% Higher – What’s Next?

Fury Gold Mines Limited (TSE:FURY)’s share price shot up 1.8% during mid-day trading on Wednesday . The stock traded as high as C$0.58 and last traded at C$0.58. 37,110 shares traded hands during trading, a decline of 27% from the average session volume of 50,709 shares. The stock had previously closed at C$0.57.

Fury Gold Mines Price Performance

The company has a market capitalization of C$89.42 million, a price-to-earnings ratio of -6.63 and a beta of 1.45. The company has a current ratio of 4.43, a quick ratio of 3.34 and a debt-to-equity ratio of 0.06. The company’s 50 day simple moving average is C$0.55 and its 200-day simple moving average is C$0.57.

About Fury Gold Mines

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.