Fury Gold Mines (FURY) AI Stock Analysis

• Market Cap: $186.56M
• Dividend Yield: N/A
• Average Volume (3M): 270.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• 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: 0.99
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -1.00K
• Enterprise Value/Ebitda: -1.70
• 1Y Price Target: $1.91
• Price Target Upside: 87.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$1.00 ▼(-1.96% Downside)

The score is held down primarily by weak financial performance (no revenue, materially larger TTM losses, and persistent negative operating/free cash flow), partially offset by low leverage. Technicals are constructive with an uptrend, but momentum looks overbought. Valuation remains challenged due to ongoing losses and no dividend yield data.

Positive Factors

Low Financial Leverage

Minimal debt materially lowers solvency and default risk for an exploration company that burns cash. This structural strength preserves access to capital markets and gives management flexibility to finance drilling or JV agreements without immediate refinancing pressure.

Asset-driven Exploration Model

A clear, asset-centric business model creates durable optionality: successful drilling can define resources, de-risk projects and enable farm-outs or partnerships. That pathway and potential non-linear value uplift is core to long-term value creation for explorers.

Improving Free Cash Flow Trend

A reduction in negative free cash flow signals management is moderating spend or focusing activities, which, if sustained, lengthens the funding runway and reduces dilution risk. This is a positive structural move toward cash discipline for explorers.

Negative Factors

Sharply Widening Net Losses

A large jump in trailing losses is a durable negative: it erodes equity, increases future financing needs, and signals either escalated exploration costs or one-off write downs. Persistent heavy losses undermine capital durability and strategic optionality.

Pre-Revenue Profile

Lack of operating revenue means the business depends structurally on external financing to fund operations and drilling. This increases exposure to capital market cycles and raises execution risk if funding conditions tighten over the next several months.

Eroded Shareholder Equity

A much smaller equity base reduces the company’s capacity to absorb further losses and increases likelihood of dilutive capital raises. This weakens long-term capital durability and limits flexibility to advance projects without significant external funding.

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

Pre-revenue profile with persistent losses and a sharp deterioration in TTM net loss (~$109M vs. ~$17M in 2023). Cash flow remains consistently negative with ongoing cash burn, implying reliance on external funding. The main positive is very low leverage/minimal debt, but equity has fallen materially, weakening capital durability.

Income Statement

Fury Gold Mines continues to report no revenue across the historical annual periods and TTM (Trailing-Twelve-Months), consistent with an early-stage/mining-exploration profile. Profitability is weak: operating results are consistently loss-making, and losses have widened materially in TTM (Trailing-Twelve-Months) versus prior years (net loss of about $109M TTM vs. ~$17M in 2023). While 2022 showed positive net income, it did not translate into sustained profitability and appears non-recurring given the return to sizable losses thereafter.

Balance Sheet

The balance sheet shows very low financial leverage, with minimal debt in all periods (debt-to-equity near zero), which meaningfully reduces solvency risk. However, equity has fallen sharply from 2021–2023 levels to ~$81M in TTM (Trailing-Twelve-Months), reflecting accumulated losses and/or other equity reductions, and returns on equity are deeply negative in the most recent periods. Overall: strong on leverage, weaker on capital durability and shareholder value generation.

Cash Flow

Cash generation remains pressured: operating cash flow and free cash flow are negative in every period shown, indicating ongoing cash burn to fund operations and investment. TTM (Trailing-Twelve-Months) operating cash outflow (~$14M) is worse than 2024, though free cash flow shows some improvement versus 2024 (less negative), suggesting modest cost or spending moderation. Free cash flow is still negative and therefore dependent on external funding over time, despite reported positive free-cash-flow growth rates off a negative base.

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: Neutral
• Last Price: 1.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Neutral. The current price of 1.02 is above the 20-day moving average (MA) of 1.00, above the 50-day MA of 0.89, and above the 200-day MA of 0.77, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 51.76 is Neutral, neither overbought nor oversold. The STOCH value of 20.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$99.68M	-2.31	-294.20%	―	―	-97.52%
AAN	52 Neutral	C$81.57M	-5.82	―	―	―	―
DAU	52 Neutral	C$21.64M	-7.34	-468.03%	―	―	13.49%
FURY	49 Neutral	$186.56M	-1.43	-82.29%	―	―	-683.46%
SLG	46 Neutral	C$167.28M	-265.56	-14.39%	―	―	―
PX	41 Neutral	C$53.60M	-51.16	―	―	―	47.56%

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.