HC Wainwright Forecasts Weaker Earnings for Fury Gold Mines

Fury Gold Mines Limited (NYSEAMERICAN:FURYFree Report) – Equities research analysts at HC Wainwright lowered their FY2025 earnings estimates for shares of Fury Gold Mines in a report issued on Tuesday, July 15th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.07) for the year, down from their prior estimate of ($0.06). HC Wainwright currently has a “Buy” rating and a $1.40 price target on the stock. The consensus estimate for Fury Gold Mines’ current full-year earnings is ($0.06) per share.

Fury Gold Mines Price Performance

Shares of NYSEAMERICAN:FURY opened at $0.53 on Thursday. The firm has a market capitalization of $91.72 million, a P/E ratio of -0.99 and a beta of 0.81. Fury Gold Mines has a 12 month low of $0.35 and a 12 month high of $0.56. The company’s fifty day moving average price is $0.47 and its 200 day moving average price is $0.41.

Institutional Trading of Fury Gold Mines

An institutional investor recently raised its position in Fury Gold Mines stock. Ashford Capital Management Inc. lifted its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURYFree Report) by 10.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,650,015 shares of the company’s stock after acquiring an additional 339,000 shares during the period. Ashford Capital Management Inc. owned 2.40% of Fury Gold Mines worth $1,442,000 as of its most recent filing with the Securities and Exchange Commission. 12.14% of the stock is owned by hedge funds and other institutional investors.

About Fury Gold Mines

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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.

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