49 North Resources Inc. (CVE:FNR – Get Free Report)’s share price was up 50% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 152,017 shares traded hands during mid-day trading, an increase of 170% from the average daily volume of 56,238 shares. The stock had previously closed at C$0.02.
49 North Resources Stock Up 50.0%
The company has a quick ratio of 1.26, a current ratio of 0.79 and a debt-to-equity ratio of 70.34. The company has a market cap of C$4.99 million, a PE ratio of -1.25 and a beta of -0.37. The business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.
49 North Resources Company Profile
49 North Resources Inc is a venture capital firm specializing in seed capital and early stage investments. The firm typically invests in a diversified portfolio of common shares and other securities of resource issuers including all sectors of mineral exploration as well as oil and gas exploration and production around the globe. It focuses on resource issuers with exploration programs in Saskatchewan. The firm also seeks to co-invest. 49 North Resources Inc was founded in 2005 and is based in Saskatoon, Canada.
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