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Fury Gold Mines Limited (T:FURY)

Business Focus: Diversified Mining

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