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 $1.50. The company’s shares closed yesterday at $0.54.
Ihle covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Gold Resource, and Drdgold. According to TipRanks, Ihle has an average return of -16.5% and a 26.45% success rate on recommended stocks.
Currently, the analyst consensus on Fury Gold Mines is a Moderate Buy with an average price target of $1.50.
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FURY market cap is currently $70.19M and has a P/E ratio of 2.74.
Based on the recent corporate insider activity of 7 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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