Fury Gold Mines Limited (AUG.TO) (TSE:AUG) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Fury Gold Mines Limited (AUG.TO) (TSE:AUG)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$3.23 and traded as low as C$2.89. Fury Gold Mines Limited (AUG.TO) shares last traded at C$3.23, with a volume of 744,837 shares trading hands.

Fury Gold Mines Limited (AUG.TO) Price Performance

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

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.