SCHEDULE: FMR LLC, Abigail Johnson Divest Fury Gold Mines Stake
Beneficial Ownership Change
FMR LLC and Abigail P. Johnson report zero beneficial ownership in Fury Gold Mines Ltd. as of December 31, 2025, indicating a full divestment or reduction below reporting thresholds.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, no longer beneficially own common stock of FURY GOLD MINES LTD.
- As of December 31, 2025, their aggregate beneficial ownership is 0.00 shares, representing 0.0% of the class.
- This Schedule 13G is an Amendment No. 3, indicating a change from previous reportable ownership.
- FMR LLC is identified as a parent holding company, and Abigail P. Johnson is a key executive and controlling family member of FMR LLC.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a negative development for Fury Gold Mines Ltd., as a prominent institutional investor and its key executive have fully divested their reportable stake, potentially signaling diminished confidence.
Negatives
- FMR LLC and Abigail P. Johnson have reduced their beneficial ownership in FURY GOLD MINES LTD to 0.0% as of December 31, 2025, indicating a complete divestment or reduction below the 5% reporting threshold.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that institutional investor divestments, especially from prominent firms like FMR LLC, can sometimes signal a shift in investment strategy or a re-evaluation of a company's prospects within the gold mining sector. While the filing does not provide reasons, such a move could be interpreted by the market as a lack of conviction in Fury Gold Mines Ltd.'s near-term performance or long-term potential compared to other opportunities.
Stakeholder Impact
- Shareholders of FURY GOLD MINES LTD: May perceive the divestment by a major institutional investor as a negative signal, potentially impacting stock price and investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-000003) where Power of Attorney was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-000038) where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 2025-12-31 | Date of event which requires filing of this statement (reporting date for ownership). |
| 2026-02-04 | Filing date of this Schedule 13G Amendment No. 3. |
Recommendation
sellThe complete divestment of a reportable stake by a significant institutional investor like FMR LLC and its key executive, Abigail P. Johnson, suggests a loss of confidence or a strategic reallocation away from Fury Gold Mines Ltd. This action, while not explicitly stating reasons, typically signals a negative outlook from a sophisticated investor, warranting a 'sell' recommendation for other investors to consider.
Keywords
Fury Gold Mines, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Divestment, Gold Mining, Institutional Investor
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