Fury Gold Mines (NYSEAMERICAN:FURY - Get Free Report) had its price target reduced by investment analysts at HC Wainwright from $2.00 to $1.10 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's target price would indicate a potential upside of 198.02% from the company's current price.
Fury Gold Mines Trading Up 0.5 %
FURY stock traded up $0.00 during midday trading on Tuesday, hitting $0.37. The company's stock had a trading volume of 312,728 shares, compared to its average volume of 114,591. Fury Gold Mines has a 12 month low of $0.31 and a 12 month high of $0.59. The stock has a market capitalization of $55.92 million, a PE ratio of -6.15 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 increased its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 71.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,997 shares of the company's stock after acquiring an additional 84,397 shares during the period. Renaissance Technologies LLC owned approximately 0.13% of Fury Gold Mines worth $79,000 as of its most recent SEC filing. 12.14% of the stock is currently owned by institutional investors.
About Fury Gold Mines
(
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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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