Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Declines By 76.6%

Fury Gold Mines Limited (NYSEAMERICAN:FURY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 23,356 shares, a decrease of 76.6% from the December 31st total of 99,769 shares. Based on an average daily volume of 1,015,496 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,015,496 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Fury Gold Mines

Hedge funds have recently bought and sold shares of the stock. Virginia Wealth Management Group Inc. bought a new position in Fury Gold Mines in the third quarter valued at approximately $46,000. Bank of America Corp DE raised its holdings in shares of Fury Gold Mines by 590.0% during the second quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock worth $51,000 after acquiring an additional 88,500 shares during the period. Finally, Virtu Financial LLC bought a new stake in Fury Gold Mines in the 3rd quarter valued at $69,000. 12.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Fury Gold Mines Stock Down 5.8%

Shares of FURY traded down $0.06 during trading hours on Thursday, reaching $0.89. The stock had a trading volume of 3,345,723 shares, compared to its average volume of 1,121,192. The company has a market cap of $165.06 million, a P/E ratio of -1.68 and a beta of 0.65. Fury Gold Mines has a 52 week low of $0.35 and a 52 week high of $1.02. The firm has a 50-day moving average of $0.64 and a 200 day moving average of $0.61.

Fury Gold Mines Company Profile

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.