Brokers Issue Forecasts for Fury Gold Mines Limited’s FY2024 Earnings (NYSEAMERICAN:FURY)

Fury Gold Mines Limited (NYSEAMERICAN:FURY) – Equities researchers at HC Wainwright issued their FY2024 EPS estimates for Fury Gold Mines in a research report issued to clients and investors on Thursday, May 23rd. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.07) for the year. HC Wainwright currently has a “Buy” rating and a $1.80 target price on the stock. The consensus estimate for Fury Gold Mines’ current full-year earnings is ($0.07) per share. HC Wainwright also issued estimates for Fury Gold Mines’ FY2025 earnings at ($0.07) EPS.

Fury Gold Mines Price Performance

Fury Gold Mines stock opened at $0.47 on Monday. The stock has a market cap of $67.93 million, a P/E ratio of -5.81 and a beta of 1.07. Fury Gold Mines has a 52 week low of $0.31 and a 52 week high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last released its quarterly earnings results on Tuesday, April 2nd. The company reported ($0.02) earnings per share for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fury Gold Mines stock. Ashford Capital Management Inc. lifted its holdings in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 1.4% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 2,991,015 shares of the company’s stock after acquiring an additional 41,015 shares during the quarter. Ashford Capital Management Inc. owned 2.05% of Fury Gold Mines worth $1,256,000 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 company in Canada. It holds interest in the Eau Claire property located in the Eeyou Istchee James Bay Region of Northern Quebec; and the Committee Bay gold project located in the Kitikmeot Region of Nunavut. The company was formerly known as Auryn Resources Inc and changed its name to Fury Gold Mines Limited in October 2020.