49 North Resources Inc. (CVE:FNR – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 50000 shares changing hands. The stock had previously closed at C$0.03.
49 North Resources Stock Performance
The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 68.69, a current ratio of 0.92 and a quick ratio of 1.26. The stock has a market cap of C$3.33 million, a P/E ratio of -2.50 and a beta of 0.73.
49 North Resources Company Profile
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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