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Markets mixed, Fury falls on debut

Markets closed mixed yesterday, with North American and European markets lower but the S&P/ASX 200 finishing at a seven-month high.
Markets mixed, Fury falls on debut Markets mixed, Fury falls on debut Markets mixed, Fury falls on debut Markets mixed, Fury falls on debut Markets mixed, Fury falls on debut

Canada-focused Fury Gold Mines launched this month and its shares debuted on the TSX yesterday

Staff reporter

Futures are mixed, as investors eye vaccine concerns, little progress on US stimulus talks, Australia-China coal trade tensions but robust import and export data out of China further indicating its continuing economic recovery.

The gold price has fallen below US$1,900 an ounce again, to around $1,888/oz earlier.

The big movers in Toronto, which returned from a long weekend, were Orosur Mining and Fury Gold Mines - headed in opposite directions.

Orosur (TSX: OMI) closed up 50.9% to C43c, a 12-month high, on news it had received the first funds from the Newmont/Agnico Eagle Mines joint venture for its Anzá project in Colombia.

Fury Gold Mines (TSX: FURY) shares fell 55% on their first day of trade in Toronto.

Fury had formed after Auryn Resources spun out its Peru assets and acquired Eastmain Resources, to focus on gold projects in Canada.

Mining majors were little moved yesterday.

Glencore lost 1.7% in London, Freeport-McMoRan rose 0.06% in New York and BHP was down 0.1% in morning Australian trade.