Fury Gold Mines Limited (NYSEAMERICAN:FURY - Get Free Report) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 79,600 shares, a decrease of 37.0% from the January 31st total of 126,300 shares. Approximately 0.1% of the company's stock are sold short. Based on an average trading volume of 135,300 shares, the short-interest ratio is currently 0.6 days.
Fury Gold Mines Price Performance
FURY stock traded up $0.01 during trading on Wednesday, reaching $0.38. 205,813 shares of the stock were exchanged, compared to its average volume of 150,722. Fury Gold Mines has a twelve month low of $0.35 and a twelve month high of $0.59. The firm has a market capitalization of $58.25 million, a P/E ratio of -6.39 and a beta of 1.02. The business's 50 day simple moving average is $0.38.
Institutional Investors Weigh In On Fury Gold Mines
An institutional investor recently raised its position in Fury Gold Mines stock. Ashford Capital Management Inc. boosted its position in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,111,015 shares of the company's stock after purchasing an additional 100,000 shares during the period. Ashford Capital Management Inc. owned 2.05% of Fury Gold Mines worth $1,354,000 at the end of the most recent quarter. Institutional investors and hedge funds own 12.14% of the company's stock.
Analysts Set New Price Targets
Separately, HC Wainwright lowered their target price on Fury Gold Mines from $2.00 to $1.10 and set a "buy" rating on the stock in a research note on Tuesday, January 14th.
View Our Latest Stock Report on Fury Gold Mines
About Fury Gold Mines
(
Get Free Report)
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.
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