Fury Gold Mines (NYSEAMERICAN:FURY) Shares Up 5.6%

Shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY) rose 5.6% during trading on Thursday . The company traded as high as $0.45 and last traded at $0.43. Approximately 153,351 shares changed hands during trading, a decline of 4% from the average daily volume of 160,353 shares. The stock had previously closed at $0.41.

Analysts Set New Price Targets

Separately, HC Wainwright boosted their price target on shares of Fury Gold Mines from $1.50 to $1.80 and gave the stock a “buy” rating in a research report on Thursday, May 23rd.

Fury Gold Mines Price Performance

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fury Gold Mines stock. Ashford Capital Management Inc. lifted its position in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,991,015 shares of the company’s stock after acquiring an additional 41,015 shares during the period. Ashford Capital Management Inc. owned about 2.05% of Fury Gold Mines worth $1,256,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 12.14% of the company’s stock.

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.