Fury Gold Mines (TSE:FURY) Trading 12.5% Higher – Still a Buy?

Fury Gold Mines Limited (TSE:FURY) shot up 12.5% on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.90. 772,347 shares changed hands during mid-day trading, an increase of 251% from the average session volume of 220,284 shares. The stock had previously closed at C$0.80.

Fury Gold Mines Trading Down 4.9%

The stock has a market cap of C$183.47 million, a P/E ratio of -1.31 and a beta of 2.76. 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 50-day moving average price of C$0.82 and a 200-day moving average price of C$0.81.

Fury Gold Mines (TSE:FURY) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.03 EPS for the quarter. On average, equities research analysts expect that Fury Gold Mines Limited will post -0.1 EPS 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.