HC Wainwright Raises Fury Gold Mines (NYSEAMERICAN:FURY) Price Target to $1.90

Fury Gold Mines (NYSEAMERICAN:FURY) had its price objective raised by HC Wainwright from $1.80 to $1.90 in a report published on Thursday, Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Fury Gold Mines Stock Performance

Shares of FURY opened at $0.39 on Thursday. The firm has a market capitalization of $59.83 million, a price-to-earnings ratio of -4.94 and a beta of 1.05. Fury Gold Mines has a 52 week low of $0.31 and a 52 week high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter. Analysts forecast that Fury Gold Mines will post -0.07 EPS for the current year.

Hedge Funds Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Renaissance Technologies LLC raised its holdings in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 202,997 shares of the company’s stock after acquiring an additional 84,397 shares during the period. Renaissance Technologies LLC owned approximately 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent reporting period. Institutional investors and hedge funds 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.