49 North Resources Inc. (CVE:FNR – Get Free Report) shares were down 14.3% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 364,650 shares traded hands during trading, an increase of 222% from the average session volume of 113,258 shares. The stock had previously closed at C$0.04.
49 North Resources Stock Down 14.3%
The stock has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.03. The firm has a market capitalization of C$4.99 million, a price-to-earnings ratio of 3.00 and a beta of 1.07. The company has a current ratio of 0.89, a quick ratio of 1.26 and a debt-to-equity ratio of 54.92.
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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