Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Down 10.5% in December

Fury Gold Mines Limited (NYSEAMERICAN:FURY) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 89,900 shares, a decrease of 10.5% from the November 30th total of 100,500 shares. Based on an average daily trading volume, of 125,300 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Fury Gold Mines Stock Up 2.7 %

Shares of NYSEAMERICAN:FURY traded up $0.01 during midday trading on Wednesday, reaching $0.37. 155,149 shares of the company were exchanged, compared to its average volume of 140,607. The firm has a market cap of $56.07 million, a price-to-earnings ratio of -6.17 and a beta of 1.02. Fury Gold Mines has a fifty-two week low of $0.31 and a fifty-two week high of $0.59.

Analyst Upgrades and Downgrades

Separately, HC Wainwright increased their target price on shares of Fury Gold Mines from $1.90 to $2.00 and gave the stock a “buy” rating in a research report on Friday, October 25th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fury Gold Mines stock. Renaissance Technologies LLC boosted its position in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 71.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,997 shares of the company’s stock after purchasing an additional 84,397 shares during the quarter. Renaissance Technologies LLC owned about 0.13% of Fury Gold Mines worth $79,000 at the end of the most recent reporting period. 12.14% of the stock is currently owned by hedge funds and other 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.