Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 1630-1177 West Hastings Street VANCOUVER BC V6E 2K3 |
Tel: | N/A |
Website: | https://furygoldmines.com |
IR: | See website |
Key People | ||
Forrester A. Clark Chief Executive Officer, Director | Phil Van Staden Interim Chief Financial Officer | Bryan Atkinson Senior Vice President - Exploration |
Business Overview |
Fury Gold Mines Limited is a Canada-based exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 24,000 hectares (ha) in the Eeyou-Istchee/James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 270,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 50.022% interest in the Eleonore South JV project. Eleonore South JV project is located in the Eeyou-Istchee/James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property. |
Financial Overview |
For the fiscal year ended 31 December 2023, Fury Gold Mines Ltd revenues was not reported. Net loss totaled C$17.2M vs. income of C$24.9M. Net loss reflects G/L on Sale of Tangible & Intangible FA decrease of 99% to C$468K (income), Losses on marketable securities increase from C$135K to C$655K (expense), Net loss from associates increase of 5% to C$6.2M (expense). |
Employees: | 10 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $93.57M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$14.50M as of Dec 31, 2023 |
Net annual income (TTM): | -$17.21M as of Dec 31, 2023 |
Free cash flow (TTM): | -$13.06M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 146,077,103 as of Apr 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |