Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Update

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

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their price objective on Fury Gold Mines from $2.00 to $1.10 and set a “buy” rating on the stock in a report on Tuesday, January 14th.

Hedge Funds Weigh In On Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC raised its holdings in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 202,997 shares of the company’s stock after acquiring an additional 84,397 shares during the period. Renaissance Technologies LLC owned about 0.13% of Fury Gold Mines worth $79,000 as of its most recent filing with the Securities and Exchange Commission. 12.14% of the stock is owned by institutional investors and hedge funds.

Fury Gold Mines Stock Down 2.0 %

FURY opened at $0.37 on Monday. Fury Gold Mines has a fifty-two week low of $0.31 and a fifty-two week high of $0.59. The company has a market cap of $56.08 million, a P/E ratio of -6.17 and a beta of 1.02.

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.