Fury Gold Mines (NYSEAMERICAN:FURY) Shares Down 2.3% - Here's What Happened

Fury Gold Mines Limited (NYSEAMERICAN:FURY - Get Free Report)'s stock price was down 2.3% on Friday . The stock traded as low as $0.39 and last traded at $0.40. Approximately 81,949 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 144,875 shares. The stock had previously closed at $0.41.

Analyst Ratings Changes

Separately, HC Wainwright lifted their target price on shares of Fury Gold Mines from $1.90 to $2.00 and gave the company a "buy" rating in a report on Friday, October 25th.

Fury Gold Mines Trading Down 2.3 %

The stock has a market capitalization of $60.68 million, a PE ratio of -6.68 and a beta of 1.02.

Hedge Funds Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC raised its stake in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 71.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 202,997 shares of the company's stock after purchasing an additional 84,397 shares during the period. Renaissance Technologies LLC owned 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent reporting period. Hedge funds and other institutional investors 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.