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An update from Fury Gold Mines ( (TSE:FURY) ) is now available.
Fury Gold Mines reported a series of 2025 milestones, including a positive preliminary economic assessment for its Eau Claire gold project in Québec showing robust economics with an after-tax NPV5% of C$554 million and 41% IRR at US$2,400/oz, and life-of-mine production of 834,000 ounces at a competitive all-in sustaining cost. The company also delivered an initial inferred mineral resource at its Sakami project of 825,000 ounces of gold, completed over 18,000 metres of drilling across its portfolio, and significantly expanded its Québec land position through the acquisition of Quebec Precious Metals, becoming the largest gold-focused explorer in the Eeyou Istchee Territory. Backed by an upsized C$18 million flow-through financing and an additional C$4.3 million strategic investment from Agnico Eagle, Fury enters 2026 with an active winter drill program of up to 13,000 metres at Eau Claire aimed at resource expansion and project de-risking, alongside planned drilling of up to 5,000 metres at Committee Bay, moves that collectively position the company to advance its key assets toward development and potentially strengthen its standing in the Canadian gold exploration sector.
The most recent analyst rating on (TSE:FURY) stock is a Hold with a C$0.82 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 Neutral.
The score is held back primarily by weak financial performance (no revenue, widening losses, and persistent negative cash flow), partially offset by a low-debt balance sheet. Technicals are neutral-to-mixed, valuation signals are limited by losses and no dividend, while recent positive exploration/drilling updates provide a modest uplift.
To see Spark’s full report on TSE:FURY stock, click here.
More about Fury Gold Mines
Fury Gold Mines Limited is a well-financed Canadian-focused gold exploration company operating in two prolific mining regions across Canada, with a portfolio that now exceeds 157,000 hectares in Québec’s Eeyou Istchee James Bay region as well as the Committee Bay project in Nunavut. The company is advancing multiple gold projects, including the Eau Claire and Sakami deposits, and also holds a strategic equity position of 11.3 million shares in Dolly Varden Silver Corp., supporting its ambition to grow into a mid-tier gold producer.
Average Trading Volume: 239,922
Technical Sentiment Signal: Buy
Current Market Cap: C$155.2M
Learn more about FURY stock on TipRanks’ Stock Analysis page.