Shares of 49 North Resources Inc (CVE:FNR) shot up 20% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 59,000 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 41,056 shares. The stock had previously closed at C$0.03.
The company has a debt-to-equity ratio of 53.85, a current ratio of 13.14 and a quick ratio of 11.29.
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49 North Resources Company Profile (CVE:FNR)
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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