In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Fury Gold Mines (FURY – Research Report), with a price target of $1.60. The company’s shares closed last Tuesday at $0.48, close to its 52-week low of $0.47.
According to TipRanks.com, Ihle ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.6% and a 21.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fury Gold Mines with a $1.60 average price target.
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The company has a one-year high of $1.21 and a one-year low of $0.47. Currently, Fury Gold Mines has an average volume of 154K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FURY in relation to earlier this year.
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Auryn Resources, Inc. is an exploration company. It focuses on the acquisition, exploration and development of mineral resource properties. The firm holds interest in Committee Bay, Gibson MacQuoid and Homestake Ridge projects. The company was founded on June 9, 2008 and is headquartered in Vancouver, Canada.
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