Fury Gold MinesFURY -1.82%36 Quick Ratio is 26.73 as of Mar. 2026, which is 594% above its 10-year median of 3.85. GuruFocus rates FURY with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,637 Metals & Mining companies, Fury Gold Mines ranks better than 92.07% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Fury Gold Mines's quick ratio for the quarter that ended in Mar. 2026 was 26.73.
Fury Gold Mines has a quick ratio of 26.73. It generally indicates good short-term financial strength.
The historical rank and industry rank for Fury Gold Mines's Quick Ratio or its related term are showing as below:
FURY'
s Quick Ratio Range Over the Past 10 Years
Min: 0.43 Med: 3.85 Max: 26.72
Current: 26.72
During the past 13 years, Fury Gold Mines's highest Quick Ratio was 26.72. The lowest was 0.43. And the median was 3.85.
FURY's Quick Ratio is ranked better than 92.07% of 2637
companies
in the Metals & Mining industry
Industry Median: 2.32
vs FURY: 26.72
Fury Gold Mines (AMEX:FURY) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Fury Gold Mines Quick Ratio Related Terms
Fury Gold Mines Quick Ratio Historical Data
* Premium members only.
The historical data trend for Fury Gold Mines's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, Fury Gold Mines's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fury Gold Mines Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fury Gold Mines's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fury Gold Mines's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Fury Gold Mines's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fury Gold Mines (FURY) has a Quick Ratio of 26.73 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fury Gold Mines and its competitors. This is 594% above median its historical median of 3.85. Over the past decade, Fury Gold Mines' Quick Ratio has ranged from 0.43 to 26.72. According to the industry distribution chart, Fury Gold Mines ranks #209 out of 2637 companies in the Metals & Mining industry, placing it in the top 7.9%.
Is Fury Gold Mines' Quick Ratio too high?
Fury Gold Mines' current Quick Ratio of 26.73 is 594% above median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 26.72. The Metals & Mining industry median Quick Ratio is 2.32. Fury Gold Mines' value of 26.73 is 1052.2% above this industry median. Based on the distribution chart, Fury Gold Mines ranks #209 out of 2637 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fury Gold Mines has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Fury Gold Mines' Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Fury Gold Mines ranks #209 out of 2637 companies for Quick Ratio. This places Fury Gold Mines in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.32. Fury Gold Mines' value of 26.73 is 1052.2% above this benchmark. Historically, Fury Gold Mines' own Quick Ratio has ranged from 0.43 to 26.72 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 2.32, Fury Gold Mines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,637 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fury Gold Mines's current Quick Ratio of 26.73 is 1052.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fury Gold Mines and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fury Gold Mines's current Quick Ratio is 26.73, which is 594% above median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fury Gold Mines stock overvalued right now?
Fury Gold Mines (FURY) has a current Quick Ratio of 26.73. The current Quick Ratio is 26.73, which is 594% above median its 10-year median of 3.85 and 1052.2% above the Metals & Mining industry median of 2.32. Fury Gold Mines' overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Fury Gold Mines (FURY), the current Quick Ratio is 26.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fury Gold Mines Ltd is a Canadian-focused high-grade gold exploration company. The company's projects are strategically positioned in two prolific mining regions: the Eeyou Istchee James Bay Region of Quebec and the Kitikmeot Region in Nunavut. Fury Gold's project portfolio comprises the Committee Bay gold project in Nunavut, and the Eau Claire gold, Sakami gold, Elmer East gold and lithium, and Eleonore South gold projects in Quebec. Additionally, it also owns interests in the Kipawa rare earths project and has full ownership of the Zeus heavy rare earths project, both located in the Temiscamingue region of Quebec. The company operates in two reportable segments: Quebec and Nunavut.
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