Fury Gold Mines (NYSEAMERICAN:FURY) Trading Up 2.1%

Fury Gold Mines Limited (NYSEAMERICAN:FURYGet Rating) was up 2.1% during mid-day trading on Thursday . The stock traded as high as $0.37 and last traded at $0.37. Approximately 83,253 shares traded hands during trading, a decline of 42% from the average daily volume of 143,315 shares. The stock had previously closed at $0.36.

Analyst Upgrades and Downgrades

Separately, HC Wainwright decreased their target price on shares of Fury Gold Mines from $1.60 to $1.40 and set a “buy” rating on the stock in a research report on Wednesday, August 31st.

Fury Gold Mines Price Performance

The company’s 50-day moving average price is $0.47. The firm has a market cap of $51.13 million, a PE ratio of 2.04 and a beta of 0.85.

Institutional Trading of Fury Gold Mines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its position in Fury Gold Mines by 23.3% in the 1st quarter. Renaissance Technologies LLC now owns 350,923 shares of the company’s stock worth $238,000 after purchasing an additional 66,214 shares during the period. Ashford Capital Management Inc. raised its position in Fury Gold Mines by 6.9% in the 3rd quarter. Ashford Capital Management Inc. now owns 1,550,000 shares of the company’s stock worth $620,000 after purchasing an additional 100,000 shares during the period. Finally, FMR LLC purchased a new stake in Fury Gold Mines in the 2nd quarter worth about $4,871,000. 11.08% of the stock is owned by hedge funds and other institutional investors.

Fury Gold Mines Company Profile

(Get Rating)

Fury Gold Mines Limited operates as an exploration and development company in Canada. It primarily explores for gold properties. The company's flagship properties include the Eau Claire project that consists of map-designated claims totaling approximately 23,000 hectares located in the Eeyou Istchee James Bay Region of Northern Quebec; and Committee Bay project, which comprise 57 crown leases and 190 mineral claims in six non-contiguous blocks totaling approximately 297,273 hectares situated in the Kitikmeot Region of Nunavut.

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