Fury Gold Mines (NYSEAMERICAN:FURY) Posts Earnings Results

Fury Gold Mines (NYSEAMERICAN:FURY) released its earnings results on Friday. The company reported ($0.03) EPS for the quarter, Zacks reports.

Fury Gold Mines Trading Down 4.0%

Shares of NYSEAMERICAN:FURY traded down $0.02 during trading on Friday, reaching $0.47. 213,992 shares of the company traded hands, compared to its average volume of 238,364. Fury Gold Mines has a 52-week low of $0.46 and a 52-week high of $1.02. The firm has a market capitalization of $89.36 million, a price-to-earnings ratio of -3.13 and a beta of 0.73. The business’s fifty day moving average is $0.53 and its 200-day moving average is $0.59.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. HC Wainwright lowered their price target on shares of Fury Gold Mines from $2.00 to $1.90 and set a “buy” rating for the company in a research note on Monday, August 24th. UBS Group set a $1.90 price objective on Fury Gold Mines in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1.90.

About Fury Gold Mines

Fury Gold Mines is a Canadian mineral exploration and development company focused on discovering and advancing gold deposits. The company explores for gold and does not operate as a producing gold miner. Its principal projects include the Eau Claire gold project in Quebec’s James Bay region and the Committee Bay project in Nunavut. Fury also holds interests in the Éléonore South area of Quebec, giving it exploration operations in two Canadian territories and provinces. Fury was formed in 2020 following a reorganization of Auryn Resources.