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FURYFury Gold Mines Limited
$0.56$107M
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Fury Gold Mines Limited (FURY) Financial Ratios

Latest Ratios: P/E Ratio -20.6x · EV/EBITDA N/A · ROE -7.2%. (2007–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

FURY Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$107M$98M$55M$73M$60M$77M$116M$91M$53M$85M$87M
Enterprise Value$92M$77M$50M$66M$50M$74M$101M$94M$52M$82M$84M
P/E Ratio →-20.62———2.37——————
P/S Ratio——————————437.00
P/B Ratio1.320.970.710.400.310.490.702.481.312.082.22
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

FURY EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue——————————424.64
EV / EBITDA———————————
EV / EBIT————2.19——————
EV / FCF———————————

FURY Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin——————————-12.7%
Operating Margin——————————-3173.7%
Net Profit Margin——————————-2140.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-7.2%-7.2%-57.6%-6.9%10.4%-8.2%-11.0%-36.0%-43.5%-91.2%-12.4%
ROA-6.7%-6.7%-54.8%-6.7%10.0%-7.6%-9.9%-32.2%-40.5%-85.4%-11.7%
ROIC-18.0%-18.0%-4.4%-4.7%-5.0%-9.2%-7.0%-19.7%-38.1%-84.2%-15.1%
ROCE-19.5%-19.5%-5.4%-5.9%-6.3%-11.3%-8.5%-25.1%-46.3%-101.0%-17.7%

FURY Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity——0.000.000.000.000.000.08———
Debt / EBITDA———————————
Net Debt / Equity—-0.21-0.06-0.04-0.05-0.02-0.090.06-0.04-0.06-0.06
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage-3310.50-3310.50-2199.25-139.26197.04-165.60-40.56-63.01———

Net cash position: cash ($21M) exceeds total debt ($0)

FURY Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio11.2911.295.325.459.070.921.740.432.273.634.64
Quick Ratio11.2911.295.325.459.070.921.740.432.273.634.64
Cash Ratio10.9410.945.014.908.330.761.600.251.592.343.77
Asset Turnover——————————0.00
Inventory Turnover———————————
Days Sales Outstanding——————————431.48

FURY Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield————42.2%——————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Shares Outstanding—$166M$149M$144M$139M$120M$80M$63M$58M$52M$39M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetAdequate
Cash FlowBurning
Top Statement Risk

Exploration Capital Dilution Risk

Market Discounting Exploration Optionality

As reported in financial statements, Fury trades at a price-to-book ratio of 1.27, which appears to reflect a significant market discount compared to peers like Vizsla Silver, suggesting investors are heavily discounting the company's remote Nunavut assets relative to its more accessible Quebec-based projects.

The current P/B multiple indicates that the market is valuing the company's assets near their carrying value, which is typical for junior miners where the primary value is tied to future resource potential rather than current earnings. This valuation suggests that the market is not yet assigning a meaningful premium for the potential M&A value of the Eau Claire project as a satellite deposit.

Negative Returns Reflect Development Stage

Based on reported figures, Fury's ROIC has remained consistently negative over the last ten quarters, bottoming at -5.5% in 2025Q3, which confirms that the company is currently in a capital-intensive phase where shareholder funds are being deployed into exploration rather than generating immediate economic returns.

The persistent negative ROIC is a structural feature of the exploration business model, where capital is consumed to delineate resources that have not yet reached the production stage. Investors should monitor whether the recent consolidation of the Eleonore South project can eventually improve capital efficiency by focusing expenditures on higher-probability targets.

Liquidity Buffer Facing Sustained Erosion

According to recent quarterly filings, Fury's current ratio has contracted from a high of 26.72 in 2026Q1 to more modest levels, indicating that while the company maintains a sufficient short-term liquidity buffer, the rapid consumption of cash is reducing its financial flexibility over time.

The high current ratio in early 2026 appears to be an outlier driven by specific financing events rather than operational cash generation. The downward trend in liquidity suggests that the company will likely need to access capital markets again, which may lead to further dilution if exploration results do not catalyze a share price re-rating.

Misapplication of Traditional Profitability Metrics

As indicated by the company's financial statements, the use of P/E ratios to evaluate Fury is fundamentally flawed, as the company lacks operational revenue and is currently in an exploration-stage, making traditional earnings-based valuation metrics entirely irrelevant to the underlying business model.

Analysts often misapply P/E or EBITDA multiples to junior miners, which obscures the reality that these companies are essentially 'options' on gold deposits. Instead of earnings, investors should focus on the 'cost per ounce discovered' or 'cash burn per meter drilled' to assess whether management is effectively converting capital into tangible geological value.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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FURY — Frequently Asked Questions

Quick answers to the most common questions about buying FURY stock.

What is Fury Gold Mines Limited's P/E ratio?

Fury Gold Mines Limited's current P/E ratio is -20.6x. The historical average is 2.4x.

What is Fury Gold Mines Limited's ROE?

Fury Gold Mines Limited's return on equity (ROE) is -7.2%. The historical average is -31.1%.

Is FURY stock overvalued?

Based on historical data, Fury Gold Mines Limited is trading at a P/E of -20.6x. Compare with industry peers and growth rates for a complete picture.