Is Fury Gold Stock a Good Investment?
Fury Gold Investment Advice | FURY |
- Examine Fury Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Fury Gold's leadership team and their track record. Good management can help Fury Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Fury Gold's business and its evolving consumer preferences.
- Compare Fury Gold's performance and market position to its competitors. Analyze how Fury Gold is positioned in terms of product offerings, innovation, and market share.
- Check if Fury Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Fury Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Fury Gold Mines stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Fury Gold Mines is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Fury Gold Stock
Researching Fury Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fury Gold Mines recorded a loss per share of 0.06. The entity last dividend was issued on the 12th of October 2020. The firm had 675:1000 split on the 12th of October 2020.
To determine if Fury Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Fury Gold's research are outlined below:
| Fury Gold Mines has some characteristics of a very speculative penny stock | |
| Fury Gold Mines had very high historical volatility over the last 90 days | |
| Fury Gold Mines has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (17.21 M) with loss before overhead, payroll, taxes, and interest of (156 K). | |
| Fury Gold Mines currently holds about 12.8 M in cash with (13.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Fury Gold Mines has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: PDAC JV video Poor performers force quality juniors into steep discounts, Fury Gold CEO says - MINING.com |
Fury Gold Quarterly Cash And Short Term Investments |
|
Fury Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Fury Gold Mines. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Fury Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Fury Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Fury Gold's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-03-29 | 2017-12-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2016-11-23 | 2016-09-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2023-11-08 | 2023-09-30 | -0.02 | -0.0341 | -0.0141 | 70 | ||
2022-03-23 | 2021-12-31 | -0.02 | -0.0019 | 0.0181 | 90 | ||
2020-05-12 | 2020-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2016-08-22 | 2016-06-30 | -0.01 | -0.03 | -0.02 | 200 | ||
2019-11-12 | 2019-09-30 | -0.04 | -0.07 | -0.03 | 75 | ||
2019-08-13 | 2019-06-30 | -0.04 | -0.07 | -0.03 | 75 |
Fury Gold's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 62.42 M.Market Cap |
|
Fury Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.09) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.08) | (0.09) | |
| Return On Equity | (0.08) | (0.09) |
Determining Fury Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if Fury Gold is a good buy. For example, gross profit margin measures Fury Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Fury Gold's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Fury Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fury Gold Mines. Check Fury Gold's Beneish M Score to see the likelihood of Fury Gold's management manipulating its earnings.
Evaluate Fury Gold's management efficiency
Fury Gold Mines has return on total asset (ROA) of (0.0411) % which means that it has lost $0.0411 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.074) %, meaning that it created substantial loss on money invested by shareholders. Fury Gold's management efficiency ratios could be used to measure how well Fury Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.09 in 2025. Return On Capital Employed is likely to drop to -0.07 in 2025. At this time, Fury Gold's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 217 M in 2025, whereas Non Currrent Assets Other are likely to drop slightly above 206.7 K in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.15 | 0.65 | |
| Tangible Book Value Per Share | 1.15 | 0.65 | |
| Enterprise Value Over EBITDA | (7.13) | (6.77) | |
| Price Book Value Ratio | 0.60 | 0.57 | |
| Enterprise Value Multiple | (7.13) | (6.77) | |
| Price Fair Value | 0.60 | 0.57 | |
| Enterprise Value | 84.7 M | 45.7 M |
The strategic initiatives led by Fury Gold's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.349 |
Basic technical analysis of Fury Stock
As of the 22nd of March, Fury Gold shows the Coefficient Of Variation of 3599.45, downside deviation of 3.69, and Mean Deviation of 2.45. Fury Gold Mines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Fury Gold's Outstanding Corporate Bonds
Fury Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fury Gold Mines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fury bonds can be classified according to their maturity, which is the date when Fury Gold Mines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Fury Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Fury Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.032 | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 2.45 | |||
| Semi Deviation | 2.59 | |||
| Downside Deviation | 3.69 | |||
| Coefficient Of Variation | 3599.45 | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.5 | |||
| Information Ratio | 0.0447 | |||
| Jensen Alpha | 0.0705 | |||
| Total Risk Alpha | 0.3417 | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 18.43 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.41 | |||
| Downside Variance | 13.59 | |||
| Semi Variance | 6.7 | |||
| Expected Short fall | (3.95) | |||
| Skewness | 0.6749 | |||
| Kurtosis | 1.27 |
| Risk Adjusted Performance | 0.032 | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 2.45 | |||
| Semi Deviation | 2.59 | |||
| Downside Deviation | 3.69 | |||
| Coefficient Of Variation | 3599.45 | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.5 | |||
| Information Ratio | 0.0447 | |||
| Jensen Alpha | 0.0705 | |||
| Total Risk Alpha | 0.3417 | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 18.43 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.41 | |||
| Downside Variance | 13.59 | |||
| Semi Variance | 6.7 | |||
| Expected Short fall | (3.95) | |||
| Skewness | 0.6749 | |||
| Kurtosis | 1.27 |
Consider Fury Gold's intraday indicators
Fury Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Fury Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Fury Gold time-series forecasting models is one of many Fury Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fury Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Fury Stock media impact
Far too much social signal, news, headlines, and media speculation about Fury Gold that are available to investors today. That information is available publicly through Fury media outlets and privately through word of mouth or via Fury internal channels. However, regardless of the origin, that massive amount of Fury data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Fury Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Fury Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Fury Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Fury Gold alpha.
Fury Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Fury Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Fury Gold Corporate Management
| Stacy Rowa | Chief Officer | Profile | |
| Michael PGeo | Chief Officer | Profile | |
| Lynsey Sherry | CFO Sec | Profile | |
| Natasha Frakes | Manager Communications | Profile | |
| Christian Rios | VP Operations | Profile | |
| Forrester MBA | CEO Director | Profile | |
| Phil Staden | Chief Officer | Profile |
Additional Tools for Fury Stock Analysis
When running Fury Gold's price analysis, check to measure Fury Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fury Gold is operating at the current time. Most of Fury Gold's value examination focuses on studying past and present price action to predict the probability of Fury Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fury Gold's price. Additionally, you may evaluate how the addition of Fury Gold to your portfolios can decrease your overall portfolio volatility.