49 North Resources Inc. (CVE:FNR – Get Free Report)’s share price traded up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 671,000 shares traded hands during trading, an increase of 529% from the average daily volume of 106,717 shares. The stock had previously closed at C$0.02.
49 North Resources Price 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$4.99 million, a price-to-earnings ratio of 3.00 and a beta of 0.98. The business’s fifty day simple moving average is C$0.03 and its 200 day simple moving average 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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