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Fury Gold Mines ( (TSE:FURY) ) just unveiled an update.
On December 8, 2025, Fury Gold Mines Limited announced an initial inferred mineral resource estimate for the La Pointe Extension target at its Sakami gold project in Quebec. The estimate indicates 23.9 million tonnes grading 1.07 grams per tonne gold, totaling 825,000 ounces. This development is a significant milestone for Fury, as it marks a starting point for further expansion in the region. The resource remains open in all directions, offering potential for growth, and the discovery cost is notably low at less than C$9 per ounce. This announcement underscores Fury’s strategic focus on expanding its gold resources in an established mining area with excellent infrastructure access, potentially enhancing its market position and offering promising prospects for stakeholders.
The most recent analyst rating on (TSE:FURY) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Fury Gold Mines stock, see the TSE:FURY Stock Forecast page.
Spark’s Take on TSE:FURY Stock
According to Spark, TipRanks’ AI Analyst, TSE:FURY is a Underperform.
Fury Gold Mines faces significant financial challenges, with no revenue generation and ongoing cash burn, leading to a low financial performance score. Technical analysis indicates a lack of momentum, and the valuation is unattractive due to a negative P/E ratio. The recent acquisition of Quebec Precious Metals is a strategic move that could enhance future growth, but uncertainties remain regarding its impact.
To see Spark’s full report on TSE:FURY stock, click here.
More about Fury Gold Mines
Fury Gold Mines Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily involved in the exploration of mineral resources in Canada, with a significant focus on the Sakami gold project in Northern Quebec.
YTD Price Performance: 56.36%
Average Trading Volume: 250,732
Technical Sentiment Signal: Buy
Current Market Cap: C$158.9M
For detailed information about FURY stock, go to TipRanks’ Stock Analysis page.