Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Declines By 87.8%

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 62,804 shares, a decrease of 87.8% from the January 29th total of 516,095 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 798,423 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 798,423 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Fury Gold Mines Stock Down 1.4%

Shares of Fury Gold Mines stock traded down $0.01 on Thursday, hitting $0.75. The stock had a trading volume of 233,829 shares, compared to its average volume of 1,059,534. Fury Gold Mines has a one year low of $0.35 and a one year high of $1.02. The stock’s 50-day simple moving average is $0.70 and its two-hundred day simple moving average is $0.64. The stock has a market cap of $140.10 million, a price-to-earnings ratio of -1.42 and a beta of 0.66.

Institutional Trading of Fury Gold Mines

Several large investors have recently modified their holdings 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 during the fourth quarter valued at approximately $45,000. Virginia Wealth Management Group Inc. purchased a new stake in Fury Gold Mines in the third quarter worth $46,000. Bank of America Corp DE boosted its holdings in Fury Gold Mines by 590.0% in the second quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock valued at $51,000 after acquiring an additional 88,500 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in Fury Gold Mines in the third quarter valued at $69,000. 12.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating and issued a $1.40 price objective on shares of Fury Gold Mines in a report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $1.40.

About Fury Gold Mines

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.