Caisse de depot et placement du Quebec Takes Position in Fury Gold Mines Limited $FURY

Caisse de depot et placement du Quebec bought a new position in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,006,494 shares of the company's stock, valued at approximately $1,589,000. Caisse de depot et placement du Quebec owned about 1.58% of Fury Gold Mines as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Ashford Capital Management Inc. increased its position in shares of Fury Gold Mines by 2.2% during the 1st quarter. Ashford Capital Management Inc. now owns 3,730,015 shares of the company's stock worth $2,272,000 after purchasing an additional 80,000 shares in the last quarter. Bank of America Corp DE boosted its position in Fury Gold Mines by 7.6% in the first quarter. Bank of America Corp DE now owns 1,484,863 shares of the company's stock valued at $904,000 after buying an additional 104,900 shares in the last quarter. Renaissance Technologies LLC grew its stake in Fury Gold Mines by 35.6% during the fourth quarter. Renaissance Technologies LLC now owns 1,274,885 shares of the company's stock worth $752,000 after buying an additional 334,385 shares during the last quarter. U S Global Investors Inc. acquired a new stake in shares of Fury Gold Mines during the first quarter worth approximately $214,000. Finally, XTX Topco Ltd increased its holdings in shares of Fury Gold Mines by 256.4% during the fourth quarter. XTX Topco Ltd now owns 118,757 shares of the company's stock worth $70,000 after buying an additional 85,437 shares in the last quarter. Institutional investors and hedge funds own 12.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. UBS Group set a $1.90 target price on shares of Fury Gold Mines in a research note on Monday, August 24th. HC Wainwright decreased their price target on Fury Gold Mines from $2.00 to $1.90 and set a "buy" rating on the stock in a research report on Monday, August 24th. One equities research 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, the stock has an average rating of "Moderate Buy" and an average target price of $1.90.

Fury Gold Mines Trading Down 2.1%

Fury Gold Mines stock opened at $0.61 on Friday. The company has a market cap of $115.77 million, a PE ratio of -4.06 and a beta of 0.72. Fury Gold Mines Limited has a 1 year low of $0.50 and a 1 year high of $1.02. The company's 50-day moving average is $0.56 and its two-hundred day moving average is $0.60.

Fury Gold Mines Profile

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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