Fury Gold Mines Ltd
Fury Gold Mines Limited, together with its subsidiaries, engages in acquisition and exploration of resource projects in Canada. Its principal projects include the 100% owned Éléonore South project that includes 282 claims covering an area of approximately 14,760 hectares located in the James Bay region of Quebec; the Committee Bay project consists of 156 claims and 57 crown leases with an area of… Read more
Fury Gold Mines Ltd (FURY) - Net Assets
Latest net assets as of September 2025: $80.64 Million USD
Based on the latest financial reports, Fury Gold Mines Ltd (FURY) has net assets worth $80.64 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($86.63 Million) and total liabilities ($5.99 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $80.64 Million |
| % of Total Assets | 93.08% |
| Annual Growth Rate | 47.97% |
| 5-Year Change | -52.97% |
| 10-Year Change | 156.26% |
| Growth Volatility | 133.58 |
Fury Gold Mines Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Fury Gold Mines Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fury Gold Mines Ltd (2007–2024)
The table below shows the annual net assets of Fury Gold Mines Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $78.20 Million | -57.24% |
| 2023-12-31 | $182.87 Million | -6.12% |
| 2022-12-31 | $194.79 Million | +23.79% |
| 2021-12-31 | $157.35 Million | -5.36% |
| 2020-12-31 | $166.27 Million | +351.54% |
| 2019-12-31 | $36.82 Million | -9.03% |
| 2018-12-31 | $40.48 Million | -0.93% |
| 2017-12-31 | $40.86 Million | +4.28% |
| 2016-12-31 | $39.18 Million | +28.39% |
| 2015-12-31 | $30.52 Million | +263.97% |
| 2014-12-31 | $8.38 Million | +261.30% |
| 2013-12-31 | $2.32 Million | +99.53% |
| 2012-12-31 | $1.16 Million | -25.68% |
| 2011-12-31 | $1.56 Million | -34.58% |
| 2010-12-31 | $2.39 Million | +345.36% |
| 2009-12-31 | $537.14K | +176.68% |
| 2008-12-31 | $194.14K | +94.09% |
| 2007-12-31 | $100.03K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fury Gold Mines Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1028768100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $312.72 Million | 399.89% |
| Other Comprehensive Income | $-12.00K | -0.02% |
| Other Components | $22.68 Million | 29.01% |
| Total Equity | $78.20 Million | 100.00% |
Fury Gold Mines Ltd Competitors by Market Cap
The table below lists competitors of Fury Gold Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crossject
PA:ALCJ
|
$105.49 Million |
|
Meteoric Resources NL
OTCGREY:METOF
|
$105.49 Million |
|
SMARTOPTICS GRP AS NK-02
F:3YL
|
$105.49 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$105.52 Million |
|
Altius Renewable Royalties Corp
OTCQX:ATRWF
|
$105.47 Million |
|
Laxmi Organic Industries Limited
NSE:LXCHEM
|
$105.45 Million |
|
First Ottawa Bancshares Inc
PINK:FOTB
|
$105.43 Million |
|
CONTEXT THERAPEUT.DL-001
F:6K9
|
$105.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fury Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 182,874,000 to 78,203,000, a change of -104,671,000 (-57.2%).
- Net loss of 75,145,096 reduced equity.
- New share issuances of 4,468,000 increased equity.
- Other comprehensive income decreased equity by 3,000.
- Other factors decreased equity by 33,990,904.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-75.15 Million | -96.09% |
| Share Issuances | $4.47 Million | +5.71% |
| Other Comprehensive Income | $-3.00K | -0.0% |
| Other Changes | $-33.99 Million | -43.46% |
| Total Change | $- | -57.24% |
Book Value vs Market Value Analysis
This analysis compares Fury Gold Mines Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.13x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.07 | $0.60 | x |
| 2008-12-31 | $0.08 | $0.60 | x |
| 2009-12-31 | $0.19 | $0.60 | x |
| 2010-12-31 | $0.32 | $0.60 | x |
| 2011-12-31 | $0.17 | $0.60 | x |
| 2012-12-31 | $0.13 | $0.60 | x |
| 2013-12-31 | $0.21 | $0.60 | x |
| 2014-12-31 | $0.49 | $0.60 | x |
| 2015-12-31 | $1.24 | $0.60 | x |
| 2016-12-31 | $1.00 | $0.60 | x |
| 2017-12-31 | $0.79 | $0.60 | x |
| 2018-12-31 | $0.70 | $0.60 | x |
| 2019-12-31 | $0.58 | $0.60 | x |
| 2020-12-31 | $2.07 | $0.60 | x |
| 2021-12-31 | $1.31 | $0.60 | x |
| 2022-12-31 | $1.40 | $0.60 | x |
| 2023-12-31 | $1.27 | $0.60 | x |
| 2024-12-31 | $0.52 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fury Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -96.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-96.09%) is below the historical average (-31.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.02% | 0.00% | 0.00x | 1.12x | $-9.98K |
| 2008 | -36.91% | 0.00% | 0.00x | 1.02x | $-91.07K |
| 2009 | -13.80% | 0.00% | 0.00x | 1.05x | $-127.84K |
| 2010 | -7.30% | 0.00% | 0.00x | 1.08x | $-413.86K |
| 2011 | -56.74% | 0.00% | 0.00x | 1.02x | $-1.04 Million |
| 2012 | -36.11% | 0.00% | 0.00x | 1.12x | $-536.31K |
| 2013 | -89.63% | 0.00% | 0.00x | 1.06x | $-2.31 Million |
| 2014 | -22.94% | 0.00% | 0.00x | 1.05x | $-2.76 Million |
| 2015 | -9.74% | 0.00% | 0.00x | 1.05x | $-5.81 Million |
| 2016 | -10.86% | -2140.42% | 0.00x | 1.07x | $-8.17 Million |
| 2017 | -89.33% | 0.00% | 0.00x | 1.07x | $-40.59 Million |
| 2018 | -43.66% | 0.00% | 0.00x | 1.08x | $-21.72 Million |
| 2019 | -37.84% | 0.00% | 0.00x | 1.17x | $-17.62 Million |
| 2020 | -6.73% | 0.00% | 0.00x | 1.09x | $-27.81 Million |
| 2021 | -8.44% | 0.00% | 0.00x | 1.06x | $-29.01 Million |
| 2022 | 9.43% | 0.00% | 0.00x | 1.03x | $-1.10 Million |
| 2023 | -7.10% | 0.00% | 0.00x | 1.03x | $-31.27 Million |
| 2024 | -96.09% | 0.00% | 0.00x | 1.09x | $-82.97 Million |
Industry Comparison
This section compares Fury Gold Mines Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fury Gold Mines Ltd (FURY) | $80.64 Million | 0.02% | 0.07x | $105.47 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |