Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) - Equities researchers at HC Wainwright boosted their FY2026 earnings estimates for Fury Gold Mines in a research report issued to clients and investors on Monday, August 24th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.04) per share for the year, up from their previous estimate of ($0.05). HC Wainwright has a "Buy" rating and a $1.90 price objective on the stock. The consensus estimate for Fury Gold Mines' current full-year earnings is ($0.05) per share.
Separately, UBS Group set a $1.90 target price on shares of Fury Gold Mines in a report on Monday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Fury Gold Mines currently has an average rating of "Moderate Buy" and a consensus price target of $1.90.
View Our Latest Report on FURY
Fury Gold Mines Price Performance
Shares of FURY opened at $0.64 on Wednesday. The firm's 50 day moving average is $0.56 and its 200-day moving average is $0.60. Fury Gold Mines has a 12-month low of $0.49 and a 12-month high of $1.02. The stock has a market capitalization of $121.65 million, a P/E ratio of -4.27 and a beta of 0.72.
Hedge Funds Weigh In On Fury Gold Mines
A number of hedge funds and other institutional investors have recently modified their holdings of FURY. Jane Street Group LLC acquired a new stake in Fury Gold Mines during the 4th quarter worth about $41,000. Goldman Sachs Group Inc. acquired a new position in shares of Fury Gold Mines in the fourth quarter worth about $45,000. Bank of America Corp DE boosted its holdings in shares of Fury Gold Mines by 590.0% in the second quarter. Bank of America Corp DE now owns 103,500 shares of the company's stock worth $51,000 after buying an additional 88,500 shares during the period. Cibc World Market Inc. purchased a new position in shares of Fury Gold Mines in the second quarter worth approximately $52,000. Finally, Virtu Financial LLC purchased a new position in shares of Fury Gold Mines in the third quarter worth approximately $69,000. Institutional investors and hedge funds own 12.14% of the company's stock.
Fury Gold Mines Company Profile
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Fury Gold Mines Inc is a Canadian-based mineral exploration and development company focused on identifying, acquiring and advancing high-quality gold projects in Canada. The company employs modern exploration techniques, including detailed geological modeling and systematic drilling programs, to define and expand mineral resources in established mining districts.
Fury Gold Mines' flagship asset is the Eau Claire gold project, located approximately 20 kilometres west of Val-d'Or in the prolific Abitibi greenstone belt of Quebec.
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