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

Shares of 49 North Resources Inc. (CVE:FNRGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 12000 shares trading hands. The stock had previously closed at C$0.02.

49 North Resources Stock Down 25.0 %

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

About 49 North Resources

(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.

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