Fury Gold Mines Limited (AUG.TO) (TSE:AUG) Shares Up 9.9% – Should You Buy?

Fury Gold Mines Limited (AUG.TO) (TSE:AUG) shares shot up 9.9% on Monday . The stock traded as high as C$3.32 and last traded at C$3.23. 744,837 shares changed hands 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) Price Performance

The stock has a market capitalization of C$347.59 million and a PE ratio of -26.48. The business has a fifty day moving average price of C$3.23. The company has a quick ratio of 2.73, a current ratio of 2.91 and a debt-to-equity ratio of 6.55.

About Fury Gold Mines Limited (AUG.TO)

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.