Diligence memo · auto-generated · as of July 2, 2026
Fury Gold Mines Ltd
Fury Gold Mines Ltd looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Fury Gold Mines Ltd operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fury Gold Mines Ltd has raised $10M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.3M on 2022-04-19.
Most recent recorded round closed around 2023-03-23.
Valuation (modeled)modeled
Provath models Fury Gold Mines Ltd at approximately $1.6M (range $606K–$4.5M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.19× the median modeled value of Series A Mining & Resources companies in 2022–2024 (40 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 3.3 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 13.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 81% of Mining & Resources peers (701 compared).
Modeled value ranks above 42% of those peers.
Closest niche peers: 360 Mining, Inc., Arizona Sonoran Copper Co Inc., Reunion Gold Corp, American Strategic Metals Corp., MERIT Mining Ohio, LLC.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.