Fury Gold Mines (NYSEAMERICAN:FURY) Price Target Cut to $1.10 by Analysts at HC Wainwright

Fury Gold Mines (NYSEAMERICAN:FURY) had its target price cut by HC Wainwright from $2.00 to $1.10 in a research note issued to investors on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

Fury Gold Mines Stock Up 0.5 %

NYSEAMERICAN:FURY opened at $0.37 on Tuesday. Fury Gold Mines has a 1-year low of $0.31 and a 1-year high of $0.59. The company has a market capitalization of $55.92 million, a PE ratio of -6.15 and a beta of 1.02.

Hedge Funds Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC raised its position in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,997 shares of the company’s stock after purchasing an additional 84,397 shares during the quarter. Renaissance Technologies LLC owned 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 12.14% of the company’s stock.

About Fury Gold Mines

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.