Fury Gold Mines Ltd Net Assets
Fury Gold Mines Ltd net assets. Based on the latest financial reports, Fury Gold Mines Ltd (FURY) has net assets worth CA$101.01 Million CAD (≈ $73.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$108.32 Million ≈ $78.36 Million USD) and total liabilities (CA$7.31 Million ≈ $5.29 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. Also explore Fury Gold Mines Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$101.01 Million |
| % of Total Assets | 93.25% |
| Annual Growth Rate | 46.86% |
| 5-Year Change | -35.81% |
| 10-Year Change | 63.06% |
| Growth Volatility | 139.96 |
Net Assets of Fury Gold Mines Ltd (2007–2025)
Net assets of Fury Gold Mines Ltd from 2007 to 2025. This chart illustrates how Fury Gold Mines Ltd's net assets have evolved over time, based on quarterly financial data. See FURY net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Fury Gold Mines Ltd (2007–2025)
The table below shows the annual net assets of Fury Gold Mines Ltd from 2007 to 2025. For live market cap and overall valuation, see how much is Fury Gold Mines Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$101.01 Million ≈ $73.07 Million |
+29.17% |
| 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 |
-- |
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 1054604100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Fury Gold Mines Ltd Net Assets Breakdown (December 2025)
Fury Gold Mines Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$339.78 Million | 336.38% |
| Other Comprehensive Income | CA$-31.00K | -0.03% |
| Other Components | CA$24.91 Million | 24.66% |
| Total Equity | CA$101.01 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 |
|---|---|
|
Parsan Makina Parcalari Sanayi AS
IS:PARSN
|
$99.04 Million |
|
Norooholdings
KO:000320
|
$99.04 Million |
|
Kworld Computer Co Ltd
TWO:3287
|
$99.05 Million |
|
Canagold Resources Ltd
TO:CCM
|
$99.05 Million |
|
Caisse Regionale de Credit Agricole Mutuel Loire HauteLoire
PA:CRLO
|
$99.02 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$98.99 Million |
|
Zeotech Ltd
AU:ZEO
|
$98.99 Million |
|
Polytec Holding AG
VI:PYT
|
$98.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fury Gold Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 78,203,000 to 101,011,000, a change of 22,808,000 (29.2%).
- Net loss of 6,459,000 reduced equity.
- Share repurchases of 19,587,000 reduced equity.
- New share issuances of 19,461,000 increased equity.
- Other comprehensive income decreased equity by 19,000.
- Other factors increased equity by 29,412,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.46 Million | -6.39% |
| Share Repurchases | CA$19.59 Million | -19.39% |
| Share Issuances | CA$19.46 Million | +19.27% |
| Other Comprehensive Income | CA$-19.00K | -0.02% |
| Other Changes | CA$29.41 Million | +29.12% |
| Total Change | CA$- | 29.17% |
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: 1.20x
- 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 9.73x to 1.20x 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$0.72 | x |
| 2008-12-31 | CA$0.06 | CA$0.72 | x |
| 2009-12-31 | CA$0.12 | CA$0.72 | x |
| 2010-12-31 | CA$0.32 | CA$0.72 | x |
| 2011-12-31 | CA$0.17 | CA$0.72 | x |
| 2012-12-31 | CA$0.13 | CA$0.72 | x |
| 2013-12-31 | CA$0.21 | CA$0.72 | x |
| 2014-12-31 | CA$0.49 | CA$0.72 | x |
| 2015-12-31 | CA$1.24 | CA$0.72 | x |
| 2016-12-31 | CA$1.58 | CA$0.72 | x |
| 2017-12-31 | CA$1.92 | CA$0.72 | x |
| 2018-12-31 | CA$0.70 | CA$0.72 | x |
| 2019-12-31 | CA$0.58 | CA$0.72 | x |
| 2020-12-31 | CA$2.07 | CA$0.72 | x |
| 2021-12-31 | CA$1.31 | CA$0.72 | x |
| 2022-12-31 | CA$1.40 | CA$0.72 | x |
| 2023-12-31 | CA$1.27 | CA$0.72 | x |
| 2024-12-31 | CA$0.52 | CA$0.72 | x |
| 2025-12-31 | CA$0.60 | CA$0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fury Gold Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-6.39%) is above the historical average (-30.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.02% | 0.00% | 0.00x | 1.12x | CA$-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$-115.96 Million |
| 2025 | -6.39% | 0.00% | 0.00x | 1.07x | CA$-16.56 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: $14,174,285
- Average return on equity (ROE) among peers: -55.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fury Gold Mines Ltd (FURY) | CA$101.01 Million | 0.02% | 0.07x | $99.02 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $120.27 Million |
| Aton Resources Inc (AAN) | $2.59 Million | -161.78% | 0.36x | $31.35 Million |
| Arbor Metals Corp (ABR) | $14.45 Million | 3.28% | 0.01x | $3.75 Million |
| Asiabasemetals Inc (ABZ) | $175.08K | -121.37% | 0.12x | $1.82 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $58.79 Million |
| Alphamin Res (AFM) | $1.24 Million | -26.10% | 0.19x | $1.17 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $144.10 Million |
| Amarc Resources Ltd. (AHR) | $3.39 Million | -150.56% | 0.01x | $165.20 Million |
| Almonty Industries Inc (AII) | $49.00 Million | -39.89% | 1.40x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $405.52 Million |
About Fury Gold Mines Ltd
Fury Gold Mines Limited, together with its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada. It explores for gold, silver, lithium, and rare earth elements deposits. 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 based in Toronto,… Read more