HC Wainwright Cuts Fury Gold Mines (NYSEAMERICAN:FURY) Price Target to $1.90

Fury Gold Mines (NYSEAMERICAN:FURY) had its target price reduced by HC Wainwright from $2.00 to $1.90 in a research report report published on Monday morning, MarketBeat reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Fury Gold Mines’ FY2026 earnings at ($0.04) EPS.

Fury Gold Mines Stock Down 3.1%

NYSEAMERICAN:FURY opened at $0.62 on Monday. Fury Gold Mines has a 12-month low of $0.50 and a 12-month high of $1.02. The stock’s fifty day simple moving average is $0.56 and its 200-day simple moving average is $0.60. The firm has a market capitalization of $117.92 million, a P/E ratio of -4.13 and a beta of 0.72.

Hedge Funds Weigh In On Fury Gold Mines

Institutional investors have recently modified their holdings of the stock. XTX Topco Ltd raised its position in shares of Fury Gold Mines by 256.4% in the 4th quarter. XTX Topco Ltd now owns 118,757 shares of the company’s stock valued at $70,000 after acquiring an additional 85,437 shares during the period. Caisse de depot et placement du Quebec grew its holdings in Fury Gold Mines by 98.8% during the fourth 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 purchasing an additional 1,494,253 shares during the period. Jane Street Group LLC acquired a new position in Fury Gold Mines during the fourth quarter valued at approximately $41,000. Renaissance Technologies LLC increased its stake in Fury Gold Mines by 35.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,274,885 shares of the company’s stock valued at $752,000 after purchasing an additional 334,385 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in Fury Gold Mines in the fourth quarter valued at approximately $45,000. 12.14% of the stock is currently owned by institutional investors and hedge funds.

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.