Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Decreases By 76.6%

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 23,356 shares, a decline of 76.6% from the December 31st total of 99,769 shares. Based on an average daily trading volume, of 1,015,496 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,015,496 shares, the days-to-cover ratio is presently 0.0 days.

Fury Gold Mines Stock Up 11.1%

NYSEAMERICAN:FURY traded up $0.09 on Wednesday, hitting $0.95. The stock had a trading volume of 4,187,086 shares, compared to its average volume of 918,710. Fury Gold Mines has a 52 week low of $0.35 and a 52 week high of $1.00. The business’s fifty day moving average is $0.63 and its 200 day moving average is $0.61.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and set a $1.40 price objective on shares of Fury Gold Mines in a research report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $1.40.

Institutional Trading of Fury Gold Mines

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in shares of Fury Gold Mines in the third quarter valued at $69,000. Bank of America Corp DE increased its position in shares of 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 worth $51,000 after acquiring an additional 88,500 shares in the last quarter. Finally, Virginia Wealth Management Group Inc. acquired a new stake in shares of Fury Gold Mines in the 3rd quarter worth about $46,000. Institutional investors own 12.14% of the company’s stock.

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.