HC Wainwright Cuts Fury Gold Mines (NYSEAMERICAN:FURY) Price Target to $1.10

Fury Gold Mines (NYSEAMERICAN:FURY) had its target price decreased by HC Wainwright from $2.00 to $1.10 in a research note issued to investors on Tuesday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Fury Gold Mines Stock Up 1.1 %

FURY stock opened at $0.38 on Tuesday. Fury Gold Mines has a 1 year low of $0.31 and a 1 year high of $0.59. The stock has a market capitalization of $57.24 million, a P/E ratio of -6.30 and a beta of 1.02.

Hedge Funds Weigh In On Fury Gold Mines

A hedge fund recently raised its stake in Fury Gold Mines stock. Renaissance Technologies LLC boosted its position in shares of Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 202,997 shares of the company’s stock after purchasing 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. 12.14% of the stock is owned by institutional investors and hedge funds.

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.