Short Interest in Fury Gold Mines Limited (NYSEAMERICAN:FURY) Rises By 5.1%

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 94,500 shares, a growth of 5.1% from the December 31st total of 89,900 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 123,900 shares, the days-to-cover ratio is currently 0.8 days.

Analysts Set New Price Targets

Separately, HC Wainwright decreased their price target on shares of Fury Gold Mines from $2.00 to $1.10 and set a “buy” rating on the stock in a research note on Tuesday, January 14th.

Fury Gold Mines Price Performance

FURY stock opened at $0.37 on Tuesday. The company has a market capitalization of $56.77 million, a price-to-earnings ratio of -6.24 and a beta of 1.02. Fury Gold Mines has a one year low of $0.31 and a one year high of $0.59.

Fury Gold Mines (NYSEAMERICAN:FURY) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.02) EPS for the quarter. As a group, sell-side analysts expect that Fury Gold Mines will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Fury Gold Mines stock. Ashford Capital Management Inc. boosted its position in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 3.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,111,015 shares of the company’s stock after acquiring an additional 100,000 shares during the quarter. Ashford Capital Management Inc. owned 2.05% of Fury Gold Mines worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission. 12.14% of the stock is currently owned by institutional investors.

About Fury Gold Mines

Fury Gold Mines Limited, together with its subsidiaries, engages in the gold exploration in Canada. Its principal projects include 100% owned Eau Claire property covering an area of approximately 24,000 hectares located in the Eeyou Istchee/James Bay Region of Quebec; ans Committee Bay gold project with approximately 250,000 hectares located in Nunavut, Canada.