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Fury Gold Mines Limited operates as an exploration and development company in Canada. It primarily explores for gold properties. The company's flagship properties include the Eau Claire project that consists of map-designated claims totaling approximately 23,000 hectares located in the Eeyou Istchee James Bay Region of Northern Quebec; and Committee Bay project, which comprise 57 crown leases and 190 mineral claims in six non-contiguous blocks totaling approximately 297,273 hectares situated in the Kitikmeot Region of Nunavut. It also explores for silver metals. The company was formerly known as Auryn Resources Inc. and changed its name to Fury Gold Mines Limited in October 2020. Fury Gold Mines Limited was incorporated in 2008 and is headquartered in Vancouver, Canada.

Fury Gold Mines Dividend Announcement

Fury Gold Mines does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Fury Gold Mines dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Fury Gold Mines Dividend History

Fury Gold Mines Dividend Yield

Fury Gold Mines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Fury Gold Mines stock? Use our calculator to estimate your expected dividend yield:

Fury Gold Mines Financial Ratios

P/E ratio-6.45
PEG ratio0.01
P/B ratio0.49
ROE-7.45%
Payout ratio0.00%
Current ratio4.43
Quick ratio4.43
Cash Ratio1.76

Fury Gold Mines Dividend FAQ

Does Fury Gold Mines stock pay dividends?
Fury Gold Mines does not currently pay dividends to its shareholders.
Has Fury Gold Mines ever paid a dividend?
No, Fury Gold Mines has no a history of paying dividends to its shareholders. Fury Gold Mines is not known for its dividend payments.
Why doesn't Fury Gold Mines pay dividends?
There are several potential reasons why Fury Gold Mines would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Fury Gold Mines ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Fury Gold Mines has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Fury Gold Mines a dividend aristocrat?
Fury Gold Mines is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Fury Gold Mines a dividend king?
Fury Gold Mines is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Fury Gold Mines a dividend stock?
No, Fury Gold Mines is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Fury Gold Mines stocks?
To buy Fury Gold Mines you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Fury Gold Mines stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.