Fury Gold Mines (NYSEAMERICAN:FURY) Price Target Raised to $1.90

Fury Gold Mines (NYSEAMERICAN:FURY) had its price target upped by HC Wainwright from $1.80 to $1.90 in a research note issued to investors on Thursday, Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Fury Gold Mines Trading Down 2.1 %

Fury Gold Mines stock opened at $0.40 on Thursday. The stock has a market capitalization of $59.83 million, a price-to-earnings ratio of -4.94 and a beta of 1.05. Fury Gold Mines has a twelve month low of $0.31 and a twelve month high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last posted its earnings results on Thursday, August 8th. The company reported ($0.02) EPS for the quarter. As a group, equities analysts forecast that Fury Gold Mines will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Ashford Capital Management Inc. lifted its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,991,015 shares of the company’s stock after buying an additional 41,015 shares during the period. Ashford Capital Management Inc. owned approximately 2.05% of Fury Gold Mines worth $1,256,000 as of its most recent filing with the Securities and Exchange Commission. 12.14% of the stock is currently owned by institutional investors and hedge funds.

Fury Gold Mines Company Profile

Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration in Canada. Its principal projects include 100% owned Eau Claire property covering an area of approximately 24,000 hectares located in the Eeyou Istchee/James Bay Region of Quebec; ans Committee Bay gold project with approximately 250,000 hectares located in Nunavut, Canada.