Fury Gold Mines Ltd (FURY) - Net Assets
Based on the latest financial reports, Fury Gold Mines Ltd (FURY) has net assets worth CA$80.64 Million CAD (≈ $58.33 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 (CA$86.63 Million ≈ $62.67 Million USD) and total liabilities (CA$5.99 Million ≈ $4.33 Million USD). 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. Check FURY financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$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 | 143.14 |
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. Also explore FURY total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Fury Gold Mines Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$78.20 Million ≈ $56.57 Million |
-57.24% |
| 2023-12-31 | CA$182.87 Million ≈ $132.29 Million |
-6.12% |
| 2022-12-31 | CA$194.79 Million ≈ $140.91 Million |
+23.79% |
| 2021-12-31 | CA$157.35 Million ≈ $113.83 Million |
-5.36% |
| 2020-12-31 | CA$166.27 Million ≈ $120.28 Million |
+351.54% |
| 2019-12-31 | CA$36.82 Million ≈ $26.64 Million |
-9.03% |
| 2018-12-31 | CA$40.48 Million ≈ $29.28 Million |
-59.35% |
| 2017-12-31 | CA$99.59 Million ≈ $72.04 Million |
+60.76% |
| 2016-12-31 | CA$61.95 Million ≈ $44.81 Million |
+102.99% |
| 2015-12-31 | CA$30.52 Million ≈ $22.08 Million |
+263.97% |
| 2014-12-31 | CA$8.38 Million ≈ $6.07 Million |
+261.30% |
| 2013-12-31 | CA$2.32 Million ≈ $1.68 Million |
+99.53% |
| 2012-12-31 | CA$1.16 Million ≈ $841.35K |
-25.68% |
| 2011-12-31 | CA$1.56 Million ≈ $1.13 Million |
-34.58% |
| 2010-12-31 | CA$2.39 Million ≈ $1.73 Million |
+397.84% |
| 2009-12-31 | CA$480.51K ≈ $347.60K |
+223.96% |
| 2008-12-31 | CA$148.32K ≈ $107.30K |
+48.29% |
| 2007-12-31 | CA$100.03K ≈ $72.36K |
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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 | CA$312.72 Million | 399.89% |
| Other Comprehensive Income | CA$-12.00K | -0.02% |
| Other Components | CA$22.68 Million | 29.01% |
| Total Equity | CA$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 |
|---|---|
|
Swelect Energy Systems Limited
NSE:SWELECTES
|
$108.10 Million |
|
Brii Biosciences Limited
F:7SS
|
$108.12 Million |
|
S&D Co. Ltd.
KQ:260970
|
$108.21 Million |
|
Kyongbo Pharmaceutical Co Ltd
KO:214390
|
$108.22 Million |
|
Kewaunee Scientific Corporation
NASDAQ:KEQU
|
$108.08 Million |
|
RiTdisplay Corp
TW:8104
|
$108.06 Million |
|
Dhampur Sugar Mills Limited
NSE:DHAMPURSUG
|
$108.04 Million |
|
C I Systems
TA:CISY
|
$108.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fury Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 182,874,000 to 78,203,000, a change of -104,671,000 (-57.2%).
- Net loss of 108,138,000 reduced equity.
- Share repurchases of 4,468,000 reduced equity.
- New share issuances of 4,468,000 increased equity.
- Other comprehensive income decreased equity by 21,663,000.
- Other factors increased equity by 25,130,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-108.14 Million | -138.28% |
| Share Repurchases | CA$4.47 Million | -5.71% |
| Share Issuances | CA$4.47 Million | +5.71% |
| Other Comprehensive Income | CA$-21.66 Million | -27.7% |
| Other Changes | CA$25.13 Million | +32.13% |
| Total Change | CA$- | -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: 1.51x
- 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 10.67x to 1.51x 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 | CA$0.07 | CA$0.79 | x |
| 2008-12-31 | CA$0.06 | CA$0.79 | x |
| 2009-12-31 | CA$0.12 | CA$0.79 | x |
| 2010-12-31 | CA$0.32 | CA$0.79 | x |
| 2011-12-31 | CA$0.17 | CA$0.79 | x |
| 2012-12-31 | CA$0.13 | CA$0.79 | x |
| 2013-12-31 | CA$0.21 | CA$0.79 | x |
| 2014-12-31 | CA$0.49 | CA$0.79 | x |
| 2015-12-31 | CA$1.24 | CA$0.79 | x |
| 2016-12-31 | CA$1.58 | CA$0.79 | x |
| 2017-12-31 | CA$1.92 | CA$0.79 | x |
| 2018-12-31 | CA$0.70 | CA$0.79 | x |
| 2019-12-31 | CA$0.58 | CA$0.79 | x |
| 2020-12-31 | CA$2.07 | CA$0.79 | x |
| 2021-12-31 | CA$1.31 | CA$0.79 | x |
| 2022-12-31 | CA$1.40 | CA$0.79 | x |
| 2023-12-31 | CA$1.27 | CA$0.79 | x |
| 2024-12-31 | CA$0.52 | CA$0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fury Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -138.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-138.28%) is below the historical average (-31.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.02% | 0.00% | 0.00x | 1.12x | CA$-9.98K |
| 2008 | -48.31% | 0.00% | 0.00x | 1.10x | CA$-86.49K |
| 2009 | -15.43% | 0.00% | 0.00x | 1.05x | CA$-122.18K |
| 2010 | -7.32% | 0.00% | 0.00x | 1.08x | CA$-414.22K |
| 2011 | -56.74% | 0.00% | 0.00x | 1.02x | CA$-1.04 Million |
| 2012 | -36.11% | 0.00% | 0.00x | 1.12x | CA$-536.31K |
| 2013 | -89.63% | 0.00% | 0.00x | 1.06x | CA$-2.31 Million |
| 2014 | -22.94% | 0.00% | 0.00x | 1.05x | CA$-2.76 Million |
| 2015 | -9.74% | 0.00% | 0.00x | 1.05x | CA$-5.81 Million |
| 2016 | -6.87% | 0.00% | 0.00x | 1.04x | CA$-10.45 Million |
| 2017 | -36.65% | 0.00% | 0.00x | 1.03x | CA$-46.46 Million |
| 2018 | -43.66% | 0.00% | 0.00x | 1.08x | CA$-21.72 Million |
| 2019 | -37.84% | 0.00% | 0.00x | 1.17x | CA$-17.62 Million |
| 2020 | -8.57% | 0.00% | 0.00x | 1.09x | CA$-30.88 Million |
| 2021 | -10.67% | 0.00% | 0.00x | 1.06x | CA$-32.53 Million |
| 2022 | 12.79% | 0.00% | 0.00x | 1.03x | CA$5.43 Million |
| 2023 | -9.41% | 0.00% | 0.00x | 1.03x | CA$-35.50 Million |
| 2024 | -138.28% | 0.00% | 0.00x | 1.09x | CA$-115.96 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: $2,951,711
- Average return on equity (ROE) among peers: -34.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fury Gold Mines Ltd (FURY) | CA$80.64 Million | 0.02% | 0.07x | $108.09 Million |
| Aftermath Silver Ltd (AAG) | $861.81K | -122.73% | 0.30x | $185.75 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $805.58K | -20.73% | 0.03x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $4.67 Million |
| Adex Mining Inc (ADE) | $11.96 Million | -14.72% | 0.26x | $27.09 Million |
| Alphamin Res (AFM) | $1.06 Million | -49.21% | 0.19x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $169.13K | -68.35% | 0.10x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $332.39 Million |
About 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