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Fury Gold Mines (TSX:FURY) 5-Year Yield-on-Cost % : 0.00 (As of May. 25, 2024)


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What is Fury Gold Mines 5-Year Yield-on-Cost %?

Fury Gold Mines's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Fury Gold Mines's 5-Year Yield-on-Cost % or its related term are showing as below:



TSX:FURY's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.09
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Fury Gold Mines's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Fury Gold Mines's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fury Gold Mines's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Fury Gold Mines's 5-Year Yield-on-Cost % falls into.



Fury Gold Mines 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Fury Gold Mines is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Fury Gold Mines  (TSX:FURY) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Fury Gold Mines 5-Year Yield-on-Cost % Related Terms

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Fury Gold Mines (TSX:FURY) Business Description

Traded in Other Exchanges
Address
1630-1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
Fury Gold Mines Ltd is a Canadian-focused exploration and development company strategically positioned in three prolific mining regions: James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region Nunavut. Its projects include Eau Claire, Homestake Ridge, Committee Bay, Eleonore South JV, and Gibson MacQuoid.
Executives
Forrester Clark Director