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Fury Gold Mines (NYSEAMERICAN:FURY) Price Target Raised to $1.20

Fury Gold Mines logo with Basic Materials background

Fury Gold Mines (NYSEAMERICAN:FURY - Free Report) had its price objective hoisted by HC Wainwright from $1.10 to $1.20 in a research note released on Monday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Fury Gold Mines Stock Performance

Shares of NYSEAMERICAN FURY traded up $0.00 during trading on Monday, hitting $0.39. 96,636 shares of the company traded hands, compared to its average volume of 146,692. The business's fifty day moving average is $0.39 and its 200 day moving average is $0.40. The firm has a market capitalization of $59.04 million, a price-to-earnings ratio of -6.48 and a beta of 1.02. Fury Gold Mines has a fifty-two week low of $0.35 and a fifty-two week high of $0.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Fury Gold Mines stock. Sprott Inc. boosted its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 924,064 shares of the company's stock after buying an additional 55,485 shares during the quarter. Sprott Inc. owned approximately 0.61% of Fury Gold Mines worth $359,000 as of its most recent SEC filing. 12.14% of the stock is currently owned by institutional investors and hedge funds.

Fury Gold Mines Company Profile

(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.

Further Reading

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