Fury Gold Mines (TSE:FURY)
TSX:FURY
Want to see TSE:FURY full AI Analyst Report?
Top Page
Fury Gold Mines
(TSX:FURY)
Select Model
Select Model
Rating:45Neutral
Price Target:
C$0.84
▼(-2.44% Downside)
Action:ReiteratedDate:04/03/26
The score is primarily held back by weak financial performance (no revenue, recurring operating losses, and sustained negative operating/free cash flow). Technicals are broadly neutral with slightly negative momentum, and valuation is challenged by a negative P/E; low debt is a notable mitigating strength but not enough to offset the operating and cash-burn profile.
Positive Factors
Near-zero debt reduces balance-sheet risk
Very low leverage meaningfully reduces interest burden and financial risk, giving management flexibility to fund exploration or survive downturns. Over 2-6 months this preserves optionality to raise capital on better terms and limits solvency pressure while projects are advanced.
Negative Factors
No revenue; persistent operating losses
Lack of operating revenue means the business remains exploration-stage with no near-term cash-generating operations. Persistent negative EBIT/EBITDA indicates ongoing capital consumption and uncertain path to profitability, limiting internal funding and strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Near-zero debt reduces balance-sheet risk
Very low leverage meaningfully reduces interest burden and financial risk, giving management flexibility to fund exploration or survive downturns. Over 2-6 months this preserves optionality to raise capital on better terms and limits solvency pressure while projects are advanced.
Read all positive factors
Fury Gold Mines (FURY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$144.08M
Dividend YieldN/A
Average Volume (3M)270.37K
Price to Earnings (P/E)―
Beta (1Y)1.84
Revenue GrowthN/A
EPS Growth93.94%
CountryCA
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.02
Shares Outstanding184,713,300
10 Day Avg. Volume428,780
30 Day Avg. Volume270,367
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)1.35
Price to Sales (P/S)0.00
P/FCF Ratio-7.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.74Price Target Upside218.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.05
Revenue Forecast (FY)N/A
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 appro...
How the Company Makes Money
null...
Fury Gold Mines Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -443.00K | -491.00K | -435.00K | -440.00K |
| EBITDA | -6.42M | -104.00M | -14.23M | -14.95M | -20.09M |
| Net Income | -6.46M | -108.14M | -17.21M | 24.91M | -16.79M |
Balance Sheet | |||||
| Total Assets | 108.32M | 85.11M | 189.18M | 200.60M | 167.02M |
| Cash, Cash Equivalents and Short-Term Investments | 31.01M | 9.33M | 8.48M | 10.89M | 3.86M |
| Total Debt | 0.00 | 65.00K | 228.00K | 387.00K | 461.00K |
| Total Liabilities | 7.31M | 6.91M | 6.30M | 5.81M | 9.66M |
| Stockholders Equity | 101.01M | 78.20M | 182.87M | 194.79M | 157.35M |
Cash Flow | |||||
| Free Cash Flow | -17.24M | -11.14M | -13.06M | -15.29M | -17.36M |
| Operating Cash Flow | -16.66M | -8.07M | -12.47M | -14.01M | -17.27M |
| Investing Cash Flow | 7.74M | 1.40M | 1.86M | 10.44M | -186.00K |
| Financing Cash Flow | 25.23M | 4.28M | 7.62M | 10.63M | 5.36M |
Fury Gold Mines Technical Analysis
Positive
0.86
Price Trends
0.90
Negative
0.90
Negative
0.85
Positive
Market Momentum
>-0.01
Negative
50.89
Neutral
53.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FURY, the sentiment is Positive. The current price of 0.86 is above the 20-day moving average (MA) of 0.83, below the 50-day MA of 0.90, and above the 200-day MA of 0.85, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.89 is Neutral, neither overbought nor oversold. The STOCH value of 53.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FURY.
Fury Gold Mines Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | C$160.57M | -5.90 | -331.25% | ― | ― | 68.80% | |
52 Neutral | C$66.28M | -2.52 | ― | ― | ― | -21.76% | |
52 Neutral | C$37.87M | -13.23 | -478.85% | ― | ― | 13.49% | |
46 Neutral | C$314.02M | -68.82 | -16.56% | ― | ― | -600.00% | |
45 Neutral | C$144.08M | -21.03 | -7.55% | ― | ― | 93.94% | |
41 Neutral | C$42.76M | -104.07 | -756.36% | ― | ― | 47.56% |
* Basic Materials Sector Average
TSE:FURY
Fury Gold Mines
0.78
0.24
44.44%
TSE:AAN
Aton Resources
0.52
0.35
205.88%
TSE:DAU
Desert Gold Ventures
0.14
0.08
115.38%
TSE:PX
Pelangio Exploration
0.17
0.08
88.89%
TSE:RUA
Rua Gold
1.42
0.77
118.46%
TSE:SLG
San Lorenzo Gold Corp
3.42
3.22
1610.00%
Fury Gold Mines Corporate Events
Business Operations and Strategy
Fury Gold Mines Hits High-Grade Infill at Eau Claire and Launches Phase 2 Drilling
Positive
Mar 17, 2026
Fury Gold Mines reported initial Phase 1 drill results from its 13,000-metre program at the Eau Claire gold project in Quebec’s James Bay region, highlighted by infill hole 26EC-099, which returned 11.74 g/t gold over 6.63 metres in an infer...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
Fury Gold Mines Posts Strong 2025 Results and Ramps Up 2026 Drilling at Eau Claire and Committee Bay
Positive
Jan 8, 2026
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 s...
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
Fury Gold Mines Rides Strong 2025 Results Into Aggressive 2026 Exploration Push
Positive
Jan 8, 2026
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,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.