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

Fury Gold Mines Limited (NYSEAMERICAN:FURY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 99,769 shares, a decline of 91.1% from the December 15th total of 1,116,173 shares. Based on an average trading volume of 460,220 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 460,220 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Virginia Wealth Management Group Inc. acquired a new position in shares of Fury Gold Mines during the third quarter valued at $46,000. Bank of America Corp DE lifted its holdings in Fury Gold Mines by 590.0% in the second quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock worth $51,000 after purchasing an additional 88,500 shares during the period. Finally, Virtu Financial LLC bought a new position in Fury Gold Mines in the 3rd quarter valued at about $69,000. Institutional investors own 12.14% of the company’s stock.

Fury Gold Mines Price Performance

Shares of NYSEAMERICAN FURY traded up $0.01 during midday trading on Monday, hitting $0.59. 1,168,224 shares of the company’s stock were exchanged, compared to its average volume of 473,625. Fury Gold Mines has a twelve month low of $0.35 and a twelve month high of $0.89. The firm has a market cap of $109.74 million, a P/E ratio of -1.12 and a beta of 0.65. The stock’s 50 day moving average price is $0.58 and its 200-day moving average price is $0.59.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and issued a $1.40 price target on shares of Fury Gold Mines in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $1.40.

About Fury Gold Mines

Fury Gold Mines Inc is a Canadian-based mineral exploration and development company focused on identifying, acquiring and advancing high-quality gold projects in Canada. The company employs modern exploration techniques, including detailed geological modeling and systematic drilling programs, to define and expand mineral resources in established mining districts.

Fury Gold Mines’ flagship asset is the Eau Claire gold project, located approximately 20 kilometres west of Val-d’Or in the prolific Abitibi greenstone belt of Quebec.