Fury Gold Mines (NYSEAMERICAN:FURY) Given "Buy" Rating at HC Wainwright

HC Wainwright restated their buy rating on shares of Fury Gold Mines (NYSEAMERICAN:FURY - Free Report) in a research note published on Tuesday, Marketbeat reports. They currently have a $1.40 target price on the stock, up from their previous target price of $1.20. HC Wainwright also issued estimates for Fury Gold Mines' FY2025 earnings at ($0.07) EPS.

Fury Gold Mines Price Performance

Fury Gold Mines stock traded up $0.01 during trading hours on Tuesday, hitting $0.53. The stock had a trading volume of 145,049 shares, compared to its average volume of 154,891. Fury Gold Mines has a 1-year low of $0.35 and a 1-year high of $0.56. The stock has a market capitalization of $91.12 million, a price-to-earnings ratio of -0.98 and a beta of 0.81. The stock's fifty day moving average is $0.46 and its two-hundred day moving average is $0.41.

Institutional Investors Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Ashford Capital Management Inc. raised its position in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY - Free Report) by 10.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,650,015 shares of the company's stock after acquiring an additional 339,000 shares during the period. Ashford Capital Management Inc. owned approximately 2.40% of Fury Gold Mines worth $1,442,000 at the end of the most recent reporting period. 12.14% of the stock is currently owned by hedge funds and other institutional investors.

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.