Fury Gold Mines’ (FURY) Buy Rating Reiterated at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Fury Gold Mines (NYSEAMERICAN:FURY) in a research report report published on Tuesday,Benzinga reports. The firm currently has a $1.40 price objective on the stock. HC Wainwright also issued estimates for Fury Gold Mines’ FY2025 earnings at ($0.06) EPS.

Fury Gold Mines Trading Up 4.7%

Shares of FURY stock opened at $0.55 on Tuesday. The firm’s fifty day moving average price is $0.62 and its two-hundred day moving average price is $0.55. Fury Gold Mines has a 1 year low of $0.35 and a 1 year high of $0.89. The firm has a market capitalization of $102.91 million, a P/E ratio of -1.03 and a beta of 0.91.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FURY. Virginia Wealth Management Group Inc. bought a new position in Fury Gold Mines in the third quarter valued at approximately $46,000. Bank of America Corp DE boosted its holdings in shares of Fury Gold Mines by 590.0% in the 2nd quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock valued at $51,000 after buying an additional 88,500 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Fury Gold Mines in the third quarter valued at $69,000. Finally, Ashford Capital Management Inc. grew its stake in shares of Fury Gold Mines by 10.2% in the first quarter. Ashford Capital Management Inc. now owns 3,650,015 shares of the company’s stock valued at $1,442,000 after buying an additional 339,000 shares in the last quarter. 12.14% of the stock is owned by institutional investors and hedge funds.

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.