49 North Resources (CVE:FNR) Reaches New 1-Year Low – Time to Sell?

49 North Resources Inc. (CVE:FNRGet Free Report) 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 60000 shares. 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 -0.75 and a beta of 0.27. The business has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a debt-to-equity ratio of 70.34, a quick ratio of 1.26 and a current ratio of 0.79.

49 North Resources Company Profile

(Get Free Report)

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.

Further Reading

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