Fury Gold Mines (NYSEAMERICAN:FURY) Given New $2.00 Price Target at HC Wainwright

Fury Gold Mines (NYSEAMERICAN:FURY) had its price objective boosted by HC Wainwright from $1.90 to $2.00 in a report published on Friday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

Fury Gold Mines Stock Down 3.6 %

FURY stock opened at $0.46 on Friday. The stock has a market cap of $70.09 million, a price-to-earnings ratio of -5.78 and a beta of 1.04. Fury Gold Mines has a one year low of $0.31 and a one year high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.02) EPS for the quarter. Analysts predict that Fury Gold Mines will post -0.06 earnings per share for the current year.

Hedge Funds Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Renaissance Technologies LLC increased its holdings in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 202,997 shares of the company’s stock after buying an additional 84,397 shares during the quarter. Renaissance Technologies LLC owned about 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent reporting period. Institutional investors and hedge funds 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.