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49 North Resources Inc is currently in a long term downtrend where the price is trading 31.6% below its 200 day moving average.
From a valuation standpoint, the stock is 205.8% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 83.8.
49 North Resources Inc's total revenue rose by 7.3% to $191K since the same quarter in the previous year.
Its net income has dropped by 481.7% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 109.6% to $37K since the same quarter in the previous year.
Based on the above factors, 49 North Resources Inc gets an overall score of 2/5.
| Industry | Asset Management |
|---|---|
| Sector | Financial Services |
| ISIN | CA34978T1030 |
| CurrencyCode | CAD |
| Exchange | V |
| Dividend Yield | 0.0% |
|---|---|
| Target Price | None |
| PE Ratio | None |
| Market Cap | 2M |
| Beta | 1.01 |
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. It focuses on resource issuers with exploration programs in Saskatchewan. The firm also seeks to co-invest. 49 North Resources Inc. was founded in 2005 and is based in Saskatoon, Canada.
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