Sprott Inc. Has $359,000 Stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY)

Sprott Inc. increased its stake in Fury Gold Mines Limited (NYSEAMERICAN:FURY) by 6.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 924,064 shares of the company’s stock after purchasing an additional 55,485 shares during the period. Sprott Inc.’s holdings in Fury Gold Mines were worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Ashford Capital Management Inc. grew its stake in shares of Fury Gold Mines by 3.3% during the 3rd quarter. Ashford Capital Management Inc. now owns 3,111,015 shares of the company’s stock worth $1,354,000 after acquiring an additional 100,000 shares in the last quarter. 12.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Fury Gold Mines Trading Up 3.0 %

Shares of NYSEAMERICAN:FURY opened at $0.37 on Thursday. Fury Gold Mines Limited has a one year low of $0.31 and a one year high of $0.59. The stock has a market cap of $56.80 million, a price-to-earnings ratio of -6.23 and a beta of 1.02.

Fury Gold Mines Profile

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.