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Fury Gold Mines Limited (T:FURY)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 1630-1177 West Hastings Street
Tel: N/A
IR: See website
Key People
Forrester A. Clark
Chief Executive Officer, Director
Lynsey Sherry
Chief Financial Officer
Bryan Atkinson
Senior Vice President - Exploration
Salisha Ilyas
Vice President of Investor Relations
Michael J. Henrichsen
Chief Geological Officer
Business Overview
Fury Gold Mines Limited is a Canada-based gold exploration company, which is engaged in the acquisition and exploration of mineral resource properties in Canada. The Company's projects include Eau Claire, Homestake Ridge, Committee Bay, Eleonore South Joint Venture, and Gibson MacQuoid. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. The Homestake Ridge project covers over 7,500 hectares and is located approximately 32 km southeast of Stewart, British Columbia. The Committee Bay project is located in Nunavut, Canada. This project includes over 270,000 hectares situated along the Committee Bay Greenstone Belt (CBGB). The Eleonore South Joint Venture Project is located in the James Bay region of Quebec. The Gibson MacQuoid project is an early-stage gold exploration project situated between the Meliadine deposit and Meadowbank mine in Nunavut, Canada.
Financial Overview
For the fiscal year ended 31 December 2021, Fury Gold Mines Ltd revenues was not reported. Net loss before extraordinary items increased 56% to C$16.8M. Higher net loss reflects Exploration and evaluation increase from C$3.7M to C$15.4M (expense), Unrealized net loss (gain) on marketable decrease from C$565K (income) to C$869K (expense), Legal and professional increase from C$562K to C$2M (expense).
Employees: 10 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $103.99M as of Mar 31, 2022
Annual revenue (TTM): $0.00M as of Mar 31, 2022
EBITDA (TTM): -$23.37M as of Mar 31, 2022
Net annual income (TTM): -$16.79M as of Mar 31, 2022
Free cash flow (TTM): -$17.36M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 139,470,950 as of May 2, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization