In the past week, FURY stock has gone down by -17.28%, with a monthly decline of -6.00% and a quarterly surge of 8.84%. The volatility ratio for the week is 7.53%, and the volatility levels for the last 30 days are 8.16% for Fury Gold Mines Ltd. The simple moving average for the past 20 days is -18.21% for FURY’s stock, with a 4.40% simple moving average for the past 200 days.
Is It Worth Investing in Fury Gold Mines Ltd. (AMEX: FURY) Right Now?
Additionally, the 36-month beta value for FURY is 1.05. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FURY is 142.08M and currently, short sellers hold a 0.25% ratio of that float. The average trading volume of FURY on May 02, 2024 was 143.12K shares.
FURY) stock’s latest price update
The stock price of Fury Gold Mines Ltd. (AMEX: FURY) has dropped by -5.61 compared to previous close of 0.44. Despite this, the company has seen a fall of -17.28% in its stock price over the last five trading days. Zacks Investment Research reported 2022-07-08 that Fury Gold Mines Limited (FURY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
FURY Trading at -5.79% from the 50-Day Moving Average
After a stumble in the market that brought FURY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.90% of loss for the given period.
Volatility was left at 8.16%, however, over the last 30 days, the volatility rate increased by 7.53%, as shares sank -17.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.13% upper at present.
During the last 5 trading sessions, FURY fell by -17.28%, which changed the moving average for the period of 200-days by +8.41% in comparison to the 20-day moving average, which settled at $0.5013. In addition, Fury Gold Mines Ltd. saw -18.33% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FURY
The total capital return value is set at -0.09. Equity return is now at value -9.04, with -8.75 for asset returns.
Based on Fury Gold Mines Ltd. (FURY), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -83.99. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -289.07.
Currently, EBITDA for the company is -14.5 million with net debt to EBITDA at 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.45.
Conclusion
In conclusion, Fury Gold Mines Ltd. (FURY) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
