Fury Gold Mines (NYSEAMERICAN:FURY) Upgraded at Zacks Research

Zacks Research upgraded shares of Fury Gold Mines (NYSEAMERICAN:FURY) to a hold rating in a research report report published on Tuesday,Zacks.com reports.

Separately, HC Wainwright upped their price target on Fury Gold Mines from $1.40 to $2.00 and gave the company a “buy” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2.00.

Fury Gold Mines Price Performance

Shares of FURY stock opened at $0.60 on Tuesday. The stock has a market capitalization of $111.59 million, a PE ratio of -11.97 and a beta of 0.78. Fury Gold Mines has a 1-year low of $0.36 and a 1-year high of $1.02. The business has a 50-day moving average of $0.67 and a 200 day moving average of $0.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FURY. Jane Street Group LLC bought a new position in Fury Gold Mines during the 4th quarter valued at approximately $41,000. Goldman Sachs Group Inc. bought a new position in shares of Fury Gold Mines in the 4th quarter worth approximately $45,000. Virginia Wealth Management Group Inc. bought a new position in shares of Fury Gold Mines in the 3rd quarter worth approximately $46,000. Bank of America Corp DE raised its position 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 worth $51,000 after acquiring an additional 88,500 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Fury Gold Mines in the 3rd quarter worth approximately $69,000. Institutional investors own 12.14% of the company’s stock.

Fury Gold Mines Company Profile

Fury Gold Mines Inc is a Canadian-based mineral exploration and development company focused on identifying, acquiring and advancing high-quality gold projects in Canada. The company employs modern exploration techniques, including detailed geological modeling and systematic drilling programs, to define and expand mineral resources in established mining districts.

Fury Gold Mines’ flagship asset is the Eau Claire gold project, located approximately 20 kilometres west of Val-d’Or in the prolific Abitibi greenstone belt of Quebec.