Fury Gold Mines (NYSEAMERICAN:FURY) Stock Price Down 2.3% – Should You Sell?

Fury Gold Mines Limited (NYSEAMERICAN:FURY)’s share price traded down 2.3% during mid-day trading on Friday . The company traded as low as $0.39 and last traded at $0.40. 81,949 shares changed hands during trading, a decline of 43% from the average session volume of 144,875 shares. The stock had previously closed at $0.41.

Analysts Set New Price Targets

Separately, HC Wainwright upped their price objective on shares of Fury Gold Mines from $1.90 to $2.00 and gave the company a “buy” rating in a report on Friday, October 25th.

Fury Gold Mines Stock Performance

Institutional Trading of Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC raised its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 202,997 shares of the company’s stock after purchasing an additional 84,397 shares during the period. Renaissance Technologies LLC owned 0.13% of Fury Gold Mines worth $79,000 as of its most recent SEC filing. 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.