Fury Gold Mines (NYSEAMERICAN:FURY) Price Target Raised to $1.20

Fury Gold Mines (NYSEAMERICAN:FURY) had its price objective increased by HC Wainwright from $1.10 to $1.20 in a research note released on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Fury Gold Mines Price Performance

Fury Gold Mines stock opened at $0.38 on Monday. The company has a market cap of $56.99 million, a PE ratio of -6.25 and a beta of 1.02. The company has a fifty day moving average price of $0.39 and a two-hundred day moving average price of $0.40. Fury Gold Mines has a 12 month low of $0.35 and a 12 month high of $0.56.

Institutional Trading of Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Sprott Inc. boosted its holdings in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 924,064 shares of the company’s stock after buying an additional 55,485 shares during the quarter. Sprott Inc. owned 0.61% of Fury Gold Mines worth $359,000 as of its most recent SEC filing. 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.