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Fury Gold Mines ( (TSE:FURY) ) has issued an update.
On October 14, 2025, Fury Gold Mines Limited announced the successful closing of an $18 million brokered private placement. The financing involved the sale of flow-through units and shares, with proceeds intended for exploration expenses in Québec and Nunavut. This move is expected to bolster Fury’s exploration projects, potentially enhancing its market position and offering tax benefits to investors.
The most recent analyst rating on (TSE:FURY) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Fury Gold Mines stock, see the TSE:FURY Stock Forecast page.
Spark’s Take on TSE:FURY Stock
According to Spark, TipRanks’ AI Analyst, TSE:FURY is a Underperform.
Fury Gold Mines faces significant financial challenges, with no revenue generation and ongoing cash burn, leading to a low financial performance score. Technical analysis indicates a lack of momentum, and the valuation is unattractive due to a negative P/E ratio. The recent acquisition of Quebec Precious Metals is a strategic move that could enhance future growth, but uncertainties remain regarding its impact.
To see Spark’s full report on TSE:FURY stock, click here.
More about Fury Gold Mines
Fury Gold Mines Limited is a Canadian-focused exploration company active in two prolific mining regions across Canada. The company aims to expand its multi-million-ounce gold platform through strategic project evaluation and exploration. Fury holds a significant share position in Dolly Varden Silver Corp and is committed to high standards of corporate governance, environmental stewardship, and sustainable mining.
Average Trading Volume: 142,208
Technical Sentiment Signal: Buy
Current Market Cap: C$169.9M
See more data about FURY stock on TipRanks’ Stock Analysis page.