Fury Gold Mines (FURY) AI Stock Analysis

• Market Cap: $149.62M
• Dividend Yield: N/A
• Average Volume (3M): 270.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: N/A
• EPS Growth: -683.46%
• Country: CA
• Employees: 9
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 184,713,300
• 10 Day Avg. Volume: 428,780
• 30 Day Avg. Volume: 270,367
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.49
• Enterprise Value/Market Cap: 0.65
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -525.51
• Enterprise Value/Ebitda: -0.89
• 1Y Price Target: $1.94
• Price Target Upside: 140.10% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$0.83 ▲(1.85% Upside)

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.

Fury Gold Mines Business Overview & Revenue Model

Company Description

Fury 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 generates revenue primarily through the exploration and development of its gold mining properties. The company's key revenue streams involve the discovery and extraction of gold, which is then sold in the commodity markets. While Fury Gold Mines is primarily in the exploration stage and does not generate significant revenue from production, it raises funds through equity financing and strategic partnerships to finance its exploration activities. The eventual commercialization of its mineral resources, once proven viable, will provide substantial revenue opportunities through gold sales. Additionally, the company may engage in joint ventures or partnerships with other mining companies to leverage expertise and share the financial burden of developing large-scale mining operations.

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.

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.

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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-184.00K	-443.00K	-491.00K	-435.00K	-440.00K	-286.00K
EBITDA	-108.86M	-104.00M	-14.23M	-14.95M	-20.09M	-10.22M
Net Income	-108.94M	-108.14M	-17.21M	24.91M	-16.79M	-14.25M
Balance Sheet
Total Assets	86.63M	85.11M	189.18M	200.60M	167.02M	182.05M
Cash, Cash Equivalents and Short-Term Investments	10.55M	9.33M	8.48M	10.89M	3.86M	18.04M
Total Debt	0.00	65.00K	228.00K	387.00K	461.00K	248.00K
Total Liabilities	5.99M	6.91M	6.30M	5.81M	9.66M	15.78M
Stockholders Equity	80.64M	78.20M	182.87M	194.79M	157.35M	166.27M
Cash Flow
Free Cash Flow	-15.08M	-11.14M	-13.06M	-15.29M	-17.36M	-25.31M
Operating Cash Flow	-14.13M	-8.07M	-12.47M	-14.01M	-17.27M	-12.53M
Investing Cash Flow	9.67M	1.40M	1.86M	10.44M	-186.00K	-16.73M
Financing Cash Flow	7.26M	4.28M	7.62M	10.63M	5.36M	43.96M

Fury Gold Mines Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.81
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FURY, the sentiment is Negative. The current price of 0.81 is below the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.81, and above the 200-day MA of 0.73, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 33.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FURY.

Fury Gold Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RUA	55 Neutral	C$101.20M	-2.37	-294.20%	―	―	-97.52%
DAU	52 Neutral	C$22.99M	-7.80	-468.03%	―	―	13.49%
PX	52 Neutral	C$70.65M	-67.44	―	―	―	47.56%
FURY	50 Neutral	$149.62M	-1.13	-82.29%	―	―	-683.46%
AAN	49 Neutral	C$65.00M	-5.12	―	―	―	―
SLG	49 Neutral	C$84.38M	-127.78	-14.39%	―	―	―

Fury Gold Mines Corporate Events

Fury Gold Mines Posts Strong 2025 Results and Ramps Up 2026 Drilling at Eau Claire and Committee Bay

Fury Gold Mines reported a year of substantial technical and corporate progress in 2025, highlighted by a positive preliminary economic assessment for its Eau Claire gold deposit in Québec that outlined a high-margin, 11-year mine life with strong project economics and relatively modest initial capital needs. The company also delivered an initial mineral resource estimate at its Sakami project following a first drill campaign, expanded its Québec footprint to more than 157,000 hectares through the acquisition of Quebec Precious Metals, and secured over C$22 million in equity and flow-through financing, bolstering its balance sheet and exploration capacity. Looking ahead, Fury is executing an expanded winter drill program of up to 12,000–13,000 metres at Eau Claire focused on resource growth and de-risking ahead of potential development, while finalizing plans for up to 5,000 metres of drilling at the Committee Bay project in Nunavut, signaling continued aggressive exploration that could enhance its resource base and reinforce its position as a leading gold explorer in Canada’s Eeyou Istchee James Bay and Arctic regions.

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.

Fury Gold Mines Rides Strong 2025 Results Into Aggressive 2026 Exploration Push

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.

Fury Gold Mines Extends Gold Mineralization at Sakami Project

Fury Gold Mines has announced the successful results of its inaugural drill campaign at the Sakami gold project in Northern Quebec. The drilling program confirmed the continuity and extended the near-surface gold mineralization by 185 meters, enhancing the potential for future resource estimation. The project, located in a geologically promising area, revealed significant gold intercepts, indicating the presence of high-grade gold cores within broad mineralized structures. These findings are expected to strengthen Fury’s position in the gold mining industry and provide a solid foundation for future exploration and development efforts.

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.

Fury Gold Mines Launches Major Drilling Program and Advances Rare Earths Project

Fury Gold Mines Limited has initiated a 10,000-metre drilling program at its Eau Claire Gold Project in Quebec, aiming to expand resources and enhance the mine plan. The company is also advancing its Kipawa Rare Earths Project, focusing on community collaboration and strategic development, acknowledging the growing importance of rare earth projects globally.

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.