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Fury Gold Mines ( (TSE:FURY) ) has shared an update.
On July 14, 2025, Fury Gold Mines Limited announced the commencement of its 2025 exploration drilling program at the Committee Bay project in Nunavut, Canada. The program targets the expansion of the Three Bluffs Shear Zone and testing of regional shear zones at the Raven and Burro West prospects. The drilling aims to explore new mineralization zones and potentially expand existing resources, with initial results expected in September. This initiative underscores Fury’s strategic focus on enhancing its gold resource base and exploring new discoveries, which could have significant implications for its market position and stakeholders.
The most recent analyst rating on (TSE:FURY) stock is a Buy with a C$1.90 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-focused exploration company operating in two prolific mining regions across Canada. The company aims to expand its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence, while maintaining high standards of corporate governance, environmental stewardship, community engagement, and sustainable mining.
YTD Price Performance: 29.09%
Average Trading Volume: 73,523
Technical Sentiment Signal: Hold
Current Market Cap: C$113.8M
Find detailed analytics on FURY stock on TipRanks’ Stock Analysis page.