Fury Gold Mines (NYSEAMERICAN:FURY) PT Raised to $2.00

Fury Gold Mines (NYSEAMERICAN:FURY) had its target price hoisted by HC Wainwright from $1.90 to $2.00 in a research report sent to investors on Friday, Benzinga reports. The brokerage currently has a buy rating on the stock.

Fury Gold Mines Stock Performance

NYSEAMERICAN:FURY opened at $0.48 on Friday. The firm has a market capitalization of $72.72 million, a P/E ratio of -6.00 and a beta of 1.04. Fury Gold Mines has a 12 month low of $0.31 and a 12 month high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter. Analysts predict that Fury Gold Mines will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Ashford Capital Management Inc. increased its stake in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 1.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,991,015 shares of the company’s stock after buying an additional 41,015 shares during the quarter. Ashford Capital Management Inc. owned about 2.05% of Fury Gold Mines worth $1,256,000 at the end of the most recent quarter. Institutional investors and hedge funds own 12.14% of the company’s stock.

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.