Fury Gold Mines (NYSEAMERICAN:FURY) Stock Rating Upgraded by Zacks Research

Fury Gold Mines (NYSEAMERICAN:FURY) was upgraded by analysts at Zacks Research to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, HC Wainwright lifted their price objective 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 equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Fury Gold Mines presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.00.

Fury Gold Mines Stock Up 0.0%

Shares of Fury Gold Mines stock opened at $0.59 on Tuesday. The stock has a market cap of $109.99 million, a PE ratio of -11.79 and a beta of 0.78. The business has a fifty day simple moving average of $0.67 and a 200-day simple moving average of $0.65. Fury Gold Mines has a 12 month low of $0.36 and a 12 month high of $1.02.

Hedge Funds Weigh In On Fury Gold Mines

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in Fury Gold Mines during the fourth quarter valued at about $41,000. Goldman Sachs Group Inc. bought a new position in Fury Gold Mines during the fourth quarter valued at about $45,000. Virginia Wealth Management Group Inc. bought a new position in Fury Gold Mines during the third quarter valued at about $46,000. Bank of America Corp DE raised its holdings in Fury Gold Mines by 590.0% during the second quarter. Bank of America Corp DE now owns 103,500 shares of the company’s stock valued at $51,000 after buying an additional 88,500 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in Fury Gold Mines during the third quarter valued at about $69,000. 12.14% of the stock is currently owned by institutional investors.

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.