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The latest announcement is out from Fury Gold Mines ( (TSE:FURY) ).
On October 14, 2025, Fury Gold Mines Limited announced the completion of a brokered private placement, raising $18,000,150 through the sale of 9,915,000 flow-through units and 6,003,000 flow-through shares. The proceeds will be used for Canadian exploration expenses related to the company’s projects in Québec and Nunavut. This strategic move is expected to enhance Fury’s exploration capabilities and strengthen its position in the gold mining industry, potentially benefiting stakeholders by advancing the company’s key projects.
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 is a Canadian mining company focused on the exploration and development of gold projects in North America, particularly in Québec and Nunavut. The company is involved in the discovery and advancement of high-grade gold deposits to create value for its stakeholders.
Average Trading Volume: 170,621
Technical Sentiment Signal: Buy
Current Market Cap: C$182M
For a thorough assessment of FURY stock, go to TipRanks’ Stock Analysis page.