49 North Resources Inc. (FNR.V)
49 North Resources Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Saskatoon, SK, CA. The stock last traded at $0.03, up 0.00% on the session, giving a market capitalisation of $5.0M. Its beta of 0.50 implies it has historically moved less than the broad market.
49 North Resources Inc. operates as a venture capital entity, concentrating its efforts on providing initial seed funding and supporting companies in their nascent stages of development. It primarily builds a varied investment portfolio, acquiring common stock and various other financial instruments from companies involved in the resource sector. This encompasses a broad spectrum of mineral exploration activities, alongside oil and gas exploration and production enterprises globally. A particular emphasis is placed on resource-focused entities conducting exploration initiatives within Saskatchewan. Additionally, the firm actively pursues opportunities for collaborative investments with other parties. Established in 2005, 49 North Resources Inc. maintains its headquarters in Saskatoon, Canada.
49 North Resources Inc. is most often compared with the following Financial Services names: