Fury Gold Mines Limited (AUG.TO) (TSE:AUG) Trading Up 9.9% – Here’s Why

Fury Gold Mines Limited (AUG.TO) (TSE:AUG) shares shot up 9.9% during trading on Monday . The company traded as high as C$3.32 and last traded at C$3.23. 744,837 shares were traded during trading, an increase of 210% from the average session volume of 240,517 shares. The stock had previously closed at C$2.94.

Fury Gold Mines Limited (AUG.TO) Stock Performance

The stock’s 50-day moving average is C$3.23. The firm has a market capitalization of C$347.59 million and a price-to-earnings ratio of -26.48. The company has a debt-to-equity ratio of 6.55, a quick ratio of 2.73 and a current ratio of 2.91.

Fury Gold Mines Limited (AUG.TO) Company Profile

Auryn Resources Inc, a junior mining exploration company, engages in the acquisition, exploration, and development of mineral resource properties. Its principal mineral properties are the Committee Bay gold project located in Nunavut, Canada and the Homestake Ridge project located within the Iskut-Stewart-Kitsault belt, in northwestern British Columbia.