Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Expands By 5.1%

Posted by Max Byerly on Jan 22nd, 2025

Fury Gold Mines Limited (NYSEAMERICAN:FURY – Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 94,500 shares, a growth of 5.1% from the December 15th total of 89,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 123,900 shares, the days-to-cover ratio is currently 0.8 days.

Fury Gold Mines Trading Down 0.5 %

FURY stock opened at $0.37 on Wednesday. Fury Gold Mines has a one year low of $0.31 and a one year high of $0.59. The firm has a market capitalization of $55.79 million, a PE ratio of -6.14 and a beta of 1.02.

Fury Gold Mines (NYSEAMERICAN:FURY – Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.02) earnings per share for the quarter. On average, equities research analysts predict that Fury Gold Mines will post -0.06 EPS for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright lowered their target price on shares of Fury Gold Mines from $2.00 to $1.10 and set a “buy” rating on the stock in a report on Tuesday, January 14th.

Check Out Our Latest Stock Analysis on FURY

Institutional Investors Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Ashford Capital Management Inc. raised its position in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY – Free Report) by 3.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,111,015 shares of the company’s stock after acquiring an additional 100,000 shares during the period. Ashford Capital Management Inc. owned approximately 2.05% of Fury Gold Mines worth $1,354,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 12.14% of the company’s stock.

About Fury Gold Mines

(Get Free Report)

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.