Fury Gold Mines (NYSEAMERICAN:FURY) Announces Earnings Results

Fury Gold Mines (NYSEAMERICAN:FURY) announced its earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports.

Fury Gold Mines Price Performance

NYSEAMERICAN FURY traded down $0.02 on Friday, hitting $0.47. The stock had a trading volume of 213,992 shares, compared to its average volume of 442,086. The business’s fifty day moving average price is $0.53 and its 200 day moving average price is $0.59. The stock has a market cap of $89.36 million, a price-to-earnings ratio of -3.13 and a beta of 0.73. Fury Gold Mines has a 52-week low of $0.46 and a 52-week high of $1.02.

Analysts Set New Price Targets

FURY has been the subject of several recent research reports. HC Wainwright reduced their price target on Fury Gold Mines from $2.00 to $1.90 and set a “buy” rating for the company in a research report on Monday, August 24th. UBS Group set a $1.90 price objective on Fury Gold Mines in a research report on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1.90.

Fury Gold Mines Company Profile

Fury Gold Mines is a Canadian mineral exploration and development company focused on discovering and advancing gold deposits. The company explores for gold and does not operate as a producing gold miner. Its principal projects include the Eau Claire gold project in Quebec’s James Bay region and the Committee Bay project in Nunavut. Fury also holds interests in the Éléonore South area of Quebec, giving it exploration operations in two Canadian territories and provinces. Fury was formed in 2020 following a reorganization of Auryn Resources.