49 North Resources (CVE:FNR) Hits New 52-Week Low – Here’s What Happened

49 North Resources Inc. (CVE:FNRGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 8000 shares trading hands. The stock had previously closed at C$0.02.

49 North Resources Price Performance

The company has a 50-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 68.69, a quick ratio of 1.26 and a current ratio of 0.92. The firm has a market capitalization of C$2.49 million, a price-to-earnings ratio of -2.50 and a beta of 0.73.

About 49 North Resources

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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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