Price TargetsFURY is rated as Buy by Beacon Securities, PI Financial, and Cantor Fitzgerald, with their averaged target in the high two-dollar range, as per the link below.
https://ca.paidpromotionalmessages.com/companies/news/931693/fury-gold-mines-receives--buy--rating-from-roth-following--auryn-eastmain-merger-gets-5-price-target-from-beacon-931693.html The stock looks like a good short-term speculation at this point. Ivan mentioned that he expected short-term weakness with a rebound back to the old (pre-split) highs once drilling gets underway.
I too have lost 10s of thousands on this deal. It doesn’t feel good. But I’ve been impressed by Ivan over the years and repurchased a position (pre-split) based solely upon his leadership. I’ve never seen a CEO who can dance quite like him before. From what I've seen, he’s an exceptional communicator/tactician who commands the trust and respect of the investment community.
I like the Mike Timmins appointment and the shift in focus to execution. That said, there is only so much value that can be created in the absence of good drilling results. What we need more than anything is to have some of our highly touted Ex-Newmont talent come through. IMO, Auryn’s drilling results has been underwhelming. Were it not for Ivan’s footwork, I think we’d be lying flat on the canvas right now. Better days ahead. Good luck to all.