Fury Gold Mines Stock Performance
| FURY Stock | USD 0.40 0.02 4.76% |
The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. 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. Fury Gold Mines right now shows a risk of 3.55%. Please confirm Fury Gold Mines potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Fury Gold Mines will be following its price patterns.
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 fairly strong basic indicators, Fury Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Last Split Factor 675:1000 | Dividend Date 2020-10-12 | Last Split Date 2020-10-12 |
1 | Resources Top 5 Lithium Australia builds its dreams as copper juniors rocket | 09/04/2024 |
2 | Beaver Creek Fury Gold CEO slams market for stalled share price despite Quebec discovery - The Northern Miner | 09/12/2024 |
3 | Fury Gold Mines Shares Up 5.1 percent - MarketBeat | 09/20/2024 |
4 | Market Highlights Wall Street takes quick breather, but expert says its momentum is unstoppable | 10/21/2024 |
5 | Break it Down Augustus adds new project to its legion | 11/05/2024 |
6 | Shock as China boy grabs girl in lift, drags her away, is arrested then freed | 11/07/2024 |
| Begin Period Cash Flow | 10.3 M |
Fury |
Fury Gold Relative Risk vs. Return Landscape
If you would invest 41.00 in Fury Gold Mines on August 28, 2024 and sell it today you would lose (1.00) from holding Fury Gold Mines or give up 2.44% of portfolio value over 90 days. Fury Gold Mines is currently generating 0.0235% in daily expected returns and assumes 3.5517% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of stocks are less volatile than Fury, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 = 0.0066
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| Negative Returns | FURY |
Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.02 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 | 57.51 M | ||||
| Shares Outstanding | 151.51 M | ||||
| Price To Earning | 2.57 X | ||||
| Price To Book | 0.50 X | ||||
| EBITDA | (14.36 M) | ||||
| Cash And Equivalents | 12.8 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 228 K | ||||
| Debt To Equity | 0 % | ||||
| Book Value Per Share | 1.25 X | ||||
| Cash Flow From Operations | (13.06 M) | ||||
| Earnings Per Share | (0.06) X | ||||
| Total Asset | 189.18 M | ||||
| Retained Earnings | (149.05 M) | ||||
About Fury Gold Performance
Evaluating Fury Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fury Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fury Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Fury Gold Mines Limited operates as an exploration and development company in Canada. Fury Gold Mines Limited was incorporated in 2008 and is headquartered in Vancouver, Canada. Fury Gold operates under Other Industrial Metals Mining classification in the United States and is traded on AMEX Exchange. It employs 10 people.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 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. | |
| Latest headline from scmp.com: Shock as China boy grabs girl in lift, drags her away, is arrested then freed |
- 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.
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.