H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Fury Gold Mines (FURY – Research Report) yesterday and set a price target of $1.40. The company’s shares closed today at $0.37.
Ihle covers the Basic Materials sector, focusing on stocks such as Uranium Energy, Gold Resource, and Golden Minerals Co. According to TipRanks, Ihle has an average return of -19.9% and a 23.37% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fury Gold Mines with a $1.40 average price target.
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Based on Fury Gold Mines’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $5.58 million. In comparison, last year the company had a GAAP net loss of $4.06 million
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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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