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

Fury Gold Mines Limited (NYSEAMERICAN:FURY) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 45,376 shares, a decrease of 27.7% from the February 12th total of 62,804 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 480,793 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 480,793 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their price target on Fury Gold Mines from $1.40 to $2.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $2.00.

Institutional Investors Weigh In On Fury Gold Mines

A number of hedge funds and other institutional investors have recently modified their holdings of FURY. Caisse de depot et placement du Quebec raised its stake in Fury Gold Mines by 98.8% during the fourth quarter. Caisse de depot et placement du Quebec now owns 3,006,494 shares of the company’s stock worth $1,777,000 after purchasing an additional 1,494,253 shares during the period. Renaissance Technologies LLC grew its stake in shares of Fury Gold Mines by 35.6% during the 4th quarter. Renaissance Technologies LLC now owns 1,274,885 shares of the company’s stock valued at $752,000 after buying an additional 334,385 shares during the period. XTX Topco Ltd grew its stake in shares of Fury Gold Mines by 256.4% during the 4th quarter. XTX Topco Ltd now owns 118,757 shares of the company’s stock valued at $70,000 after buying an additional 85,437 shares during the period. Virtu Financial LLC acquired a new stake in shares of Fury Gold Mines during the 3rd quarter worth $69,000. Finally, Bank of America Corp DE increased its holdings in shares of Fury Gold Mines by 590.0% during the 2nd quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock worth $51,000 after buying an additional 88,500 shares during the last quarter. 12.14% of the stock is currently owned by hedge funds and other institutional investors.

Fury Gold Mines Trading Down 9.8%

Shares of NYSEAMERICAN FURY traded down $0.07 during trading on Friday, reaching $0.61. The company had a trading volume of 1,078,402 shares, compared to its average volume of 511,084. Fury Gold Mines has a twelve month low of $0.35 and a twelve month high of $1.02. The stock has a 50-day moving average price of $0.72 and a two-hundred day moving average price of $0.65. The stock has a market capitalization of $113.85 million, a PE ratio of -1.15 and a beta of 0.66.

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.