49 North Resources (CVE:FNR) Hits New 52-Week Low – Should You Sell?

49 North Resources Inc. (CVE:FNRGet Free Report)’s share price 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 91000 shares trading hands. The stock had previously closed at C$0.03.

49 North Resources Stock Down 20.0 %

The company has a market capitalization of C$3.33 million, a P/E ratio of -2.50 and a beta of 0.73. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price 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.

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.

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