HC Wainwright Forecasts Fury Gold Mines FY2025 Earnings

Fury Gold Mines Limited (NYSEAMERICAN:FURY) – Equities research analysts at HC Wainwright reduced their FY2025 earnings per share (EPS) estimates for Fury Gold Mines in a report issued on Tuesday, November 25th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.06) for the year, down from their previous forecast of ($0.05). HC Wainwright currently has a “Buy” rating and a $1.40 target price on the stock. The consensus estimate for Fury Gold Mines’ current full-year earnings is ($0.06) per share.

Fury Gold Mines Stock Performance

Shares of FURY stock opened at $0.60 on Thursday. Fury Gold Mines has a one year low of $0.35 and a one year high of $0.89. The company’s 50-day moving average is $0.62 and its 200 day moving average is $0.55. The company has a market capitalization of $112.87 million, a price-to-earnings ratio of -1.13 and a beta of 0.91.

Institutional Investors Weigh In On Fury Gold Mines

A number of institutional investors have recently made changes to their positions in FURY. Ashford Capital Management Inc. increased its position in shares of Fury Gold Mines by 10.2% during the first quarter. Ashford Capital Management Inc. now owns 3,650,015 shares of the company’s stock valued at $1,442,000 after acquiring an additional 339,000 shares in the last quarter. Virtu Financial LLC bought a new position in Fury Gold Mines in the 3rd quarter valued at approximately $69,000. Bank of America Corp DE boosted its stake in Fury Gold Mines by 590.0% during the 2nd quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock valued at $51,000 after purchasing an additional 88,500 shares during the last quarter. Finally, Virginia Wealth Management Group Inc. bought a new stake in shares of Fury Gold Mines in the 3rd quarter worth $46,000. Hedge funds and other institutional investors own 12.14% of the company’s stock.

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.