Fury Gold Mines (NYSEAMERICAN:FURY – Get Free Report) had its price objective reduced by HC Wainwright from $2.00 to $1.90 in a report released on Monday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price target would indicate a potential upside of 179.58% from the company’s previous close.
Fury Gold Mines Stock Performance
Shares of FURY opened at $0.68 on Monday. Fury Gold Mines has a fifty-two week low of $0.46 and a fifty-two week high of $1.02. The firm’s 50-day simple moving average is $0.55 and its two-hundred day simple moving average is $0.60. The stock has a market cap of $129.21 million, a PE ratio of -4.53 and a beta of 0.72.
Hedge Funds Weigh In On Fury Gold Mines
Large investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in Fury Gold Mines in the 4th quarter worth about $41,000. Goldman Sachs Group Inc. bought a new stake in Fury Gold Mines during the 4th quarter valued at about $45,000. Cibc World Market Inc. purchased a new position in Fury Gold Mines in the second quarter worth about $52,000. Bank of America Corp DE raised its holdings in Fury Gold Mines by 590.0% in the second quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock worth $51,000 after buying an additional 88,500 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Fury Gold Mines in the third quarter worth approximately $69,000. Hedge funds and other institutional investors own 12.14% of the company’s stock.
Fury Gold Mines Company Profile
Fury Gold Mines Inc is a Canadian-based mineral exploration and development company focused on identifying, acquiring and advancing high-quality gold projects in Canada. The company employs modern exploration techniques, including detailed geological modeling and systematic drilling programs, to define and expand mineral resources in established mining districts.
Fury Gold Mines’ flagship asset is the Eau Claire gold project, located approximately 20 kilometres west of Val-d’Or in the prolific Abitibi greenstone belt of Quebec.
Featured Stories
- Five stocks we like better than Fury Gold Mines
- Deere Earnings: Has the Stock Outrun the Farm Cycle?
- BJ’s Wholesale Club Is Turning Stronger Fundamentals Into a Bullish Setup
- 3 Dividend Stocks Raising Their Payouts as Investors Search for Growth and Income
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
Receive News & Ratings for Fury Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fury Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.
