Fury Gold Mines (TSE:FURY) Trading Down 1.2% – Here’s Why

Fury Gold Mines Limited (TSE:FURY)’s share price dropped 1.2% during trading on Friday . The company traded as low as C$0.81 and last traded at C$0.81. Approximately 52,156 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 191,963 shares. The stock had previously closed at C$0.82.

Fury Gold Mines Stock Down 1.2%

The firm has a fifty day moving average price of C$0.80 and a 200 day moving average price of C$0.81. The company has a market cap of C$154.01 million, a P/E ratio of -81.00 and a beta of 1.97.

Fury Gold Mines (TSE:FURY) last announced its earnings results on Thursday, August 13th. The company reported C$0.08 earnings per share for the quarter. On average, sell-side analysts anticipate that Fury Gold Mines Limited will post -0.1 earnings per share for the current year.

About Fury Gold Mines

Fury Gold Mines Limited is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada and holds a 5.8% equity position in Contango Silver and Gold Inc Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining.