Fury Gold Mines Stock Buy Hold or Sell Recommendation
| FURY Stock | CAD 0.59 0.01 1.67% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Fury Gold Mines is 'Strong Sell'. The recommendation algorithm takes into account all of Fury Gold's available fundamental, technical, and predictive indicators you will find on this site.
Check out Fury Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Fury and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Fury Gold Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Fury |
Execute Fury Gold Buy or Sell Advice
The Fury recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Fury Gold Mines. Macroaxis does not own or have any residual interests in Fury Gold Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Fury Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Fury Gold Trading Alerts and Improvement Suggestions
| Fury Gold Mines has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (17.21 M) with loss before overhead, payroll, taxes, and interest of (156 K). | |
| Fury Gold Mines has accumulated about 12.8 M in cash with (12.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Latest headline from news.google.com: Fury Gold Mines Shares Down 2.3 percent - Heres What Happened - MarketBeat |
Fury Gold Returns Distribution Density
The distribution of Fury Gold's historical returns is an attempt to chart the uncertainty of Fury Gold's future price movements. The chart of the probability distribution of Fury Gold daily returns describes the distribution of returns around its average expected value. We use Fury Gold Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Fury Gold returns is essential to provide solid investment advice for Fury Gold.
| Mean Return | 0.22 | Value At Risk | -3.45 | Potential Upside | 5.08 | Standard Deviation | 2.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Fury Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Fury Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (993K) | 14.7M | (12.1M) | 7.1M | (3.0M) | (2.8M) | |
| Free Cash Flow | (11.6M) | (25.3M) | (17.4M) | (15.3M) | (12.5M) | (13.1M) | |
| Capital Expenditures | 36.5M | 1.5M | 960K | 12.8M | 87K | 1.3M | |
| Net Income | (13.9M) | (10.8M) | (16.8M) | 24.9M | (17.2M) | (16.4M) | |
| End Period Cash Flow | 660K | 15.4M | 3.3M | 10.3M | 7.3M | 7.7M | |
| Other Non Cash Items | (547K) | (239K) | (4.4M) | (3.2M) | 5.4M | 5.7M | |
| Change To Netincome | (1.1M) | 2.8M | 2.2M | (1.2M) | (1.4M) | (1.3M) |
Fury Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Fury Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Fury Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Fury stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 2.55 | |
Ir | Information ratio | 0.03 |
Fury Gold Volatility Alert
Fury Gold Mines currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.11. Fury Gold Mines is a potential penny stock. Although Fury Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Fury Gold Mines. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Fury instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Fury Gold Fundamentals Vs Peers
Comparing Fury Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Fury Gold's direct or indirect competition across all of the common fundamentals between Fury Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Fury Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Fury Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Fury Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Fury Gold to competition |
| Fundamentals | Fury Gold | Peer Average |
| Return On Equity | -0.0835 | -0.31 |
| Return On Asset | -0.0456 | -0.14 |
| Current Valuation | 83.44 M | 16.62 B |
| Shares Outstanding | 151.51 M | 571.82 M |
| Shares Owned By Insiders | 2.03 % | 10.09 % |
| Shares Owned By Institutions | 13.66 % | 39.21 % |
| Number Of Shares Shorted | 39.23 K | 4.71 M |
| Price To Earning | 2.11 X | 28.72 X |
| Price To Book | 0.51 X | 9.51 X |
| Gross Profit | (156 K) | 27.38 B |
| EBITDA | (14.5 M) | 3.9 B |
| Net Income | (17.21 M) | 570.98 M |
| Cash And Equivalents | 12.8 M | 2.7 B |
| Cash Per Share | 0.09 X | 5.01 X |
| Total Debt | 228 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 3.56 X | 2.16 X |
| Book Value Per Share | 1.25 X | 1.93 K |
| Cash Flow From Operations | (12.47 M) | 971.22 M |
| Short Ratio | 0.61 X | 4.00 X |
| Earnings Per Share | (0.09) X | 3.12 X |
| Target Price | 1.5 | |
| Number Of Employees | 10 | 18.84 K |
| Beta | 1.45 | -0.15 |
| Market Capitalization | 90.9 M | 19.03 B |
| Total Asset | 189.18 M | 29.47 B |
| Retained Earnings | (149.05 M) | 9.33 B |
| Working Capital | 7.71 M | 1.48 B |
| Net Asset | 189.18 M |
Fury Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Fury . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3969.79 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.6 | |||
| Day Typical Price | 0.59 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Fury Gold Buy or Sell Advice
When is the right time to buy or sell Fury Gold Mines? Buying financial instruments such as Fury Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Fury Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Asset Allocation ETFs
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Check out Fury Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.