49 North Resources (CVE:FNR) Hits New 12-Month Low – What’s Next?

49 North Resources Inc. (CVE:FNRGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 16000 shares traded. The stock had previously closed at C$0.02.

49 North Resources Price Performance

The firm has a market capitalization of C$2.49 million, a P/E ratio of -2.63 and a beta of 0.73. The company has a current ratio of 0.79, a quick ratio of 1.26 and a debt-to-equity ratio of 70.34. The business’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02.

49 North Resources Company Profile

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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.

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