Fury Gold Mines FY2025 EPS Forecast Boosted by HC Wainwright

Key Points

• HC Wainwright has upgraded its FY2025 earnings per share estimate for Fury Gold Mines from ($0.07) to ($0.05) and maintains a "Buy" rating with a price target of $1.40.
• As of the most recent trading session, Fury Gold Mines shares opened at $0.65 with a market cap of approximately $111.54 million.
• Ashford Capital Management Inc. increased its stake in Fury Gold Mines by 10.2%, now owning 2.40% of the company, highlighting increasing institutional interest.

Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) - Equities researchers at HC Wainwright boosted their FY2025 earnings estimates for shares of Fury Gold Mines in a research note issued to investors on Wednesday, September 3rd. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.05) for the year, up from their previous forecast of ($0.07). HC Wainwright currently has a "Buy" rating and a $1.40 price objective on the stock. The consensus estimate for Fury Gold Mines' current full-year earnings is ($0.06) per share.

Fury Gold Mines Trading Up 0.1%

Shares of NYSEAMERICAN:FURY traded up $0.00 during mid-day trading on Friday, reaching $0.70. The company had a trading volume of 202,431 shares, compared to its average volume of 239,865. The firm has a market cap of $119.48 million, a price-to-earnings ratio of -1.31 and a beta of 0.83. The company's 50-day moving average price is $0.53 and its 200-day moving average price is $0.45. Fury Gold Mines has a one year low of $0.35 and a one year high of $0.73.

Institutional Investors Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Ashford Capital Management Inc. increased its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 10.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,650,015 shares of the company's stock after purchasing an additional 339,000 shares during the quarter. Ashford Capital Management Inc. owned approximately 2.40% of Fury Gold Mines worth $1,442,000 at the end of the most recent quarter. 12.14% of the stock is currently owned by institutional investors and hedge funds.

About Fury Gold Mines

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.