Canadian North Resources Inc. (CNRSF)
Canadian North Resources Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Mississauga, ON, CA. The stock last traded at $0.26, up 0.00% on the session, giving a market capitalisation of $30.1M. On trailing twelve-month figures it carries a trailing P/E of -28.57, a net margin of 0.0%. Its beta of -1.01 implies it has historically moved less than the broad market.
Canadian North Resources Inc. is a Canadian company specializing in the exploration and development of mineral deposits across the country. Its primary focus lies in uncovering significant reserves of base metals such as nickel, copper, and cobalt, alongside platinum group elements (PGEs) including palladium, platinum, and rhodium. The cornerstone of its operations is the Ferguson Lake property, situated within the Kivalliq Region of Nunavut, Canada. This key asset comprises ten contiguous mining leases, collectively spanning an impressive 9,686 hectares. Originally established in 2013, the company rebranded from Canadian North Resources and Development Corp. to its current designation, Canadian North Resources Inc., in November 2020. Its corporate headquarters are located in Mississauga, Canada.
Canadian North Resources Inc. is most often compared with the following Basic Materials names: