49 North Resources Inc. (CVE:FNR – Get Free Report)’s stock price was up 16.7% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 162,700 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 111,466 shares. The stock had previously closed at C$0.03.
49 North Resources Stock Performance
The company has a debt-to-equity ratio of 54.92, a quick ratio of 1.26 and a current ratio of 0.89. The stock has a market cap of C$5.82 million, a PE ratio of 3.50 and a beta of 1.07. The company’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03.
About 49 North Resources
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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