Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Down 87.8% in February

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

Institutional Investors Weigh In On Fury Gold Mines

Several institutional investors and hedge funds have recently added to or reduced their stakes in FURY. Caisse de depot et placement du Quebec grew its holdings in shares of Fury Gold Mines by 98.8% in the 4th quarter. Caisse de depot et placement du Quebec now owns 3,006,494 shares of the company’s stock valued at $1,777,000 after acquiring an additional 1,494,253 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Fury Gold Mines by 35.6% during the fourth quarter. Renaissance Technologies LLC now owns 1,274,885 shares of the company’s stock worth $752,000 after acquiring an additional 334,385 shares in the last quarter. Virtu Financial LLC bought a new stake in Fury Gold Mines during the third quarter worth about $69,000. Bank of America Corp DE boosted its position 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 purchasing an additional 88,500 shares during the last quarter. Finally, XTX Topco Ltd grew its stake in Fury Gold Mines by 256.4% in the fourth quarter. XTX Topco Ltd now owns 118,757 shares of the company’s stock valued at $70,000 after purchasing an additional 85,437 shares in the last quarter. 12.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and set a $1.40 target price 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 data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $1.40.

Fury Gold Mines Trading Up 1.2%

Shares of NYSEAMERICAN FURY traded up $0.01 during midday trading on Wednesday, reaching $0.76. The company’s stock had a trading volume of 536,697 shares, compared to its average volume of 1,077,654. The stock has a 50 day simple moving average of $0.70 and a 200-day simple moving average of $0.64. The stock has a market capitalization of $142.15 million, a price-to-earnings ratio of -1.44 and a beta of 0.66. Fury Gold Mines has a fifty-two week low of $0.35 and a fifty-two week high of $1.02.

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.