Fury Gold Mines (TSE:FURY) Stock Price Up 1.8% – Still a Buy?

Fury Gold Mines Limited (TSE:FURY)’s share price traded up 1.8% on Wednesday . The stock traded as high as C$0.60 and last traded at C$0.58. 14,266 shares traded hands during trading, a decline of 75% from the average session volume of 57,824 shares. The stock had previously closed at C$0.57.

Fury Gold Mines Stock Performance

The firm has a market cap of C$87.85 million, a P/E ratio of -5.27 and a beta of 1.45. The business has a fifty day simple moving average of C$0.61 and a 200-day simple moving average of C$0.57. The company has a quick ratio of 3.34, a current ratio of 4.10 and a debt-to-equity ratio of 0.08.

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.