49 North Resources (CVE:FNR) Reaches New 12-Month Low – Should You Sell?

49 North Resources Inc. (CVE:FNRGet Free Report) shares reached 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. The stock had previously closed at C$0.03.

49 North Resources Stock Performance

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 company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The stock has a market cap of C$3.33 million, a P/E ratio of -2.50 and a beta of 0.73.

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.

Read More

Receive News & Ratings for 49 North Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 49 North Resources and related companies with MarketBeat.com's FREE daily email newsletter.