Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Update

Fury Gold Mines Limited (NYSEAMERICAN:FURY - Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 162,600 shares, a growth of 90.4% from the March 31st total of 85,400 shares. Approximately 0.1% of the company's stock are sold short. Based on an average daily volume of 163,800 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Sprott Inc. boosted its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 6.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 924,064 shares of the company's stock after buying an additional 55,485 shares during the quarter. Sprott Inc. owned approximately 0.61% of Fury Gold Mines worth $359,000 as of its most recent filing with the SEC. 12.14% of the stock is currently owned by hedge funds and other institutional investors.

Fury Gold Mines Trading Down 3.2 %

Shares of FURY traded down $0.01 during trading hours on Friday, reaching $0.37. The company had a trading volume of 111,674 shares, compared to its average volume of 145,772. Fury Gold Mines has a 12-month low of $0.35 and a 12-month high of $0.56. The firm has a 50 day simple moving average of $0.39 and a 200-day simple moving average of $0.40. The company has a market capitalization of $56.32 million, a price-to-earnings ratio of -6.18 and a beta of 1.02.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price target on shares of Fury Gold Mines from $1.10 to $1.20 and gave the stock a "buy" rating in a research note on Monday, April 21st.

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.