What Do Analysts Say About Fury Gold Mines Ltd. (FURY)?

Fury Gold Mines Ltd. (FURY) saw an uptrend of 13.61% in the recent trading with $0.50 being its most recent. The current price level -24.26% lower than the highest price of $0.66 marked by the stock while trading over the past 52-weeks, whereas it is 61.26% higher than the lowest price of $0.31 the company dropped to over past 52-weeks. The latest news story on FURY appeared in (News Direct) under the title “Fury Gold Mines Consolidates Eleonore South: CEO Tim Clark Lays Out His Master Plan”.

Looking into the simple moving average, Fury Gold Mines Ltd. (FURY)’s stock stands at a SMA-50 of $0.3875 while that of 5-day is reading $0.4417.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and FURY’s SMA-200 as of now is $0.3857.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

Fury Gold Mines Ltd. Earnings – What Happened With FURY

Coming around sales and income figures on FURY Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

FURY – Fury Gold Mines Ltd. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 145.55 million. FURY does have institutional investors; and they hold 13.48% of the stock.

Fury Gold Mines Ltd. – Insider Activity and Holdings

As on Dec 30, 2023, FMR, LLC was the top most holder in Fury Gold Mines Ltd. (AMEX:FURY) with an ownership of 10.8 million shares of the company or 7.40% of the stake worth $5.4 million. The filing also reveals Ashford Capital Management Inc. as the second largest holder in the company with a control over 2.02% of the outstanding shares. Its stake is worth $1.47 million for having 2.95 million shares in hand.

Ingalls & Snyder also came holding a key position in the company during the recent quarter and it now holds 1.46% of the outstanding shares. With this there are now 33 institutions which have possession in FURY’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Fury Gold Mines Ltd. has a debt to equity ratio of 0.00.

Technical Analysis of Fury Gold Mines Ltd. (AMEX:FURY) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Fury Gold Mines Ltd. (FURY), we notice that the stock’s 20-day average volume is at 172,765 shares and 100% of short term indicators are suggesting the stock as Buy. Its 50-day average volume of 128,142 shares. And to end, FURY’s 100-day average volume is 130,017 shares with 100% of the long-term indicators pointing towards Buy for the stock.