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Fury Gold Mines (FURY)
:FURY
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Positive Factors
Exploration Potential
The firm's 2025 drill program is likely to generate additional discoveries, especially given structural similarities to the Éléonore Mine and its six high-priority targets.
Growth and Expansion
Fury Gold Mines entered into an agreement with Quebec Precious Metals to acquire all outstanding shares, providing for future growth.
Negative Factors
Market Environment
The revised estimates account for the ongoing inflationary environment, continued investment in safe-haven assets, and recessionary concerns, with precious metals potentially gaining further support if interest rates continue their recent trends.
Fury Gold Mines (FURY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$74.92M
Dividend YieldN/A
Average Volume (3M)208.95K
Price to Earnings (P/E)―
Beta (1Y)0.79
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees9
SectorBasic Materials
Sector Strength62
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding160,332,350
10 Day Avg. Volume381,183
30 Day Avg. Volume208,949
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.03
Price to Sales (P/S)0.00
P/FCF Ratio-7.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.20Price Target Upside155.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Fury Gold Mines Business Overview & Revenue Model
Company DescriptionFury Gold Mines Limited operates as an exploration and development company in Canada. It primarily explores for gold properties. The company's flagship properties include the Eau Claire project that consists of map-designated claims totaling approximately 23,000 hectares located in the Eeyou Istchee James Bay Region of Northern Quebec; and Committee Bay project, which comprise 57 crown leases and 190 mineral claims in six non-contiguous blocks totaling approximately 297,273 hectares situated in the Kitikmeot Region of Nunavut. It also explores for silver metals. The company was formerly known as Auryn Resources Inc. and changed its name to Fury Gold Mines Limited in October 2020. Fury Gold Mines Limited was incorporated in 2008 and is headquartered in Vancouver, Canada.
How the Company Makes Money
Fury Gold Mines Financial Statement Overview
Summary
Fury Gold Mines is facing significant financial challenges with no revenue generation and substantial losses impacting profitability metrics. While the balance sheet reflects financial stability due to high equity and low debt, the cash flow statement reveals ongoing cash burn. The company needs to address revenue generation and operational efficiencies to enhance its financial health.Income Statement
Fury Gold Mines shows no revenue generation, leading to negative margins across the board. The gross profit margin is negative due to operational costs without revenue. The net profit margin is also deeply negative, indicating persistent losses. EBIT and EBITDA margins reflect substantial operational inefficiencies. Revenue growth is not applicable as there is no revenue reported.15
Very Negative
Balance Sheet
The company maintains a strong equity position with an equity ratio of 91.9% TTM, showing high financial stability. The debt-to-equity ratio is low, indicating limited reliance on debt. However, the high level of negative net income impacts the return on equity, making it unfavorable.60
Neutral
Cash Flow
Operating cash flow remains negative, reflecting cash outflows exceeding inflows from core operations. Free cash flow is also negative, indicating ongoing cash burn. The free cash flow to net income ratio is not meaningful due to negative net income. However, a positive operating cash flow to net income ratio suggests some efficiency in converting net income to cash.25
Negative
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -443.00K | -491.00K | -435.00K | -440.00K | -286.00K | EBIT |
| -10.52M | -14.57M | -17.90M | -19.29M | -10.79M | EBITDA |
| -104.00M | -14.36M | -14.95M | -20.09M | -10.22M | Net Income Common Stockholders |
| -108.14M | -17.21M | 24.91M | -16.79M | -14.25M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 9.33M | 8.48M | 10.89M | 3.86M | 18.04M | Total Assets |
| 85.11M | 189.18M | 200.60M | 167.02M | 182.05M | Total Debt |
| 65.00K | 228.00K | 387.00K | 461.00K | 248.00K | Net Debt |
| -4.85M | -7.08M | -9.92M | -2.80M | -15.11M | Total Liabilities |
| 6.91M | 6.30M | 5.81M | 9.66M | 15.78M | Stockholders Equity |
| 78.20M | 182.87M | 194.79M | 157.35M | 166.27M |
| Cash Flow | Free Cash Flow | |||
| -11.14M | -13.06M | -15.29M | -17.36M | -25.31M | Operating Cash Flow |
| -8.07M | -12.47M | -14.01M | -17.27M | -12.53M | Investing Cash Flow |
| 1.40M | 1.86M | 10.44M | -186.00K | -16.73M | Financing Cash Flow |
| 4.28M | 7.62M | 10.63M | 5.36M | 43.96M |
Fury Gold Mines Risk Analysis
Fury Gold Mines disclosed 33 risk factors in its most recent earnings report. Fury Gold Mines reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Fury Gold Mines Peers Comparison
Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| $74.92M | ― | -84.30% | ― | ― | ― | ||
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
| $52.57M | ― | -70.88% | ― | ― | ― | ||
34 Underperform | C$75.86M | ― | -2.11% | ― | ― | -360.00% | |
31 Underperform | $18.58M | ― | 128.65% | ― | ― | 12.04% | |
| $117.93M | ― | -2.40% | ― | ― | ― | ||
46 Neutral | C$119.53M | ― | -49.32% | ― | ― | 42.21% |
* Basic Materials Sector Average
Performance Comparison
FURY
Fury Gold Mines
0.47
0.05
11.90%
LCGMF
Lion Copper and Gold
0.12
0.06
100.00%
TSE:SAU
St. Augustine Gold
0.08
0.00
0.00%
TSE:ASND
Ascendant Resources Inc
0.08
0.04
100.00%
BMOOF
Blue Moon Metals
2.31
2.00
645.16%
TSE:TDG
TDG Gold
0.67
0.54
415.38%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.