Fury Gold Mines Stock Performance
| FURY Stock | CAD 0.59 0.01 1.72% |
The firm shows a Beta (market volatility) of 0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fury Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fury Gold is expected to be smaller as well. At this point, Fury Gold Mines has a negative expected return of -0.0417%. Please make sure to confirm Fury Gold's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Fury Gold Mines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Fury Gold Mines has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Fury Gold is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Last Split Factor 675:1000 | Dividend Date 2020-10-13 | Last Split Date 2020-10-13 |
1 | Fury Gold Mines Identifies 6 High-Priority Drill Targets Near Newmonts lonore Mine FURY Stock News - StockTitan | 11/12/2024 |
2 | Fury Gold Mines Limited Sees Large Increase in Short Interest - MarketBeat | 01/20/2025 |
| Begin Period Cash Flow | 10.3 M |
Fury |
Fury Gold Relative Risk vs. Return Landscape
If you would invest 62.00 in Fury Gold Mines on November 2, 2024 and sell it today you would lose (3.00) from holding Fury Gold Mines or give up 4.84% of portfolio value over 90 days. Fury Gold Mines is generating negative expected returns and assumes 2.8067% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Fury, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fury Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fury Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fury Gold Mines, and traders can use it to determine the average amount a Fury Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0149
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FURY |
Estimated Market Risk
| 2.81 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fury Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fury Gold by adding Fury Gold to a well-diversified portfolio.
Fury Gold Fundamentals Growth
Fury Stock prices reflect investors' perceptions of the future prospects and financial health of Fury Gold, and Fury Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fury Stock performance.
| Return On Equity | -0.0835 | ||||
| Return On Asset | -0.0456 | ||||
| Current Valuation | 81.92 M | ||||
| Shares Outstanding | 151.51 M | ||||
| Price To Earning | 2.11 X | ||||
| Price To Book | 0.50 X | ||||
| Gross Profit | (156 K) | ||||
| EBITDA | (14.5 M) | ||||
| Net Income | (17.21 M) | ||||
| Cash And Equivalents | 12.8 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 228 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.56 X | ||||
| Book Value Per Share | 1.25 X | ||||
| Cash Flow From Operations | (12.47 M) | ||||
| Earnings Per Share | (0.09) X | ||||
| Market Capitalization | 89.39 M | ||||
| Total Asset | 189.18 M | ||||
| Retained Earnings | (149.05 M) | ||||
| Working Capital | 7.71 M | ||||
About Fury Gold Performance
By examining Fury Gold's fundamental ratios, stakeholders can obtain critical insights into Fury Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fury Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.1 K | 2.2 K | |
| 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) |
Things to note about Fury Gold Mines performance evaluation
Checking the ongoing alerts about Fury Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fury Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fury Gold Mines generated a negative expected return over the last 90 days | |
| Fury Gold Mines has some characteristics of a very speculative penny stock | |
| 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 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 Limited Sees Large Increase in Short Interest - MarketBeat |
- Analyzing Fury Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fury Gold's stock is overvalued or undervalued compared to its peers.
- Examining Fury Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fury Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fury Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fury Gold's stock. These opinions can provide insight into Fury Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.