Fury Gold Mines Limited (NYSEAMERICAN:FURY) Short Interest Down 19.5% in November

Posted by Alanna Baker on Dec 14th, 2024

Fury Gold Mines Limited (NYSEAMERICAN:FURY – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 100,500 shares, a drop of 19.5% from the November 15th total of 124,800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 133,100 shares, the short-interest ratio is currently 0.8 days.

Fury Gold Mines Stock Performance

Shares of FURY traded down $0.02 during midday trading on Friday, reaching $0.39. The stock had a trading volume of 309,187 shares, compared to its average volume of 140,681. The company has a market capitalization of $59.09 million, a PE ratio of -6.50 and a beta of 1.02. Fury Gold Mines has a 52 week low of $0.31 and a 52 week high of $0.59.

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on FURY

About Fury Gold Mines

(Get Free Report)

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.