FNINF
Price:
$0.01
Market Cap:
$2.49M
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.
Industry
Asset Management
IPO Date
2013-02-15
Stock Exchange
OTC
Ticker
FNINF
According to 49 North Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.68. This represents a change of -8.45% compared to the average of 0.74 of the last 4 quarters.
The mean historical Current Ratio of 49 North Resources Inc. over the last ten years is 6.55. The current 0.68 Current Ratio has changed 931.18% with respect to the historical average. Over the past ten years (40 quarters), FNINF's Current Ratio was at its highest in in the September 2016 quarter at 32.65. The Current Ratio was at its lowest in in the March 2025 quarter at 0.65.
Average
6.55
Median
1.89
Minimum
0.84
Maximum
23.69
Discovering the peaks and valleys of 49 North Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.68%
Maximum Annual Current Ratio = 23.69
Minimum Annual Increase = -89.74%
Minimum Annual Current Ratio = 0.84
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.84 | -5.73% |
| 2023 | 0.89 | -29.64% |
| 2022 | 1.26 | -48.53% |
| 2021 | 2.45 | -23.36% |
| 2020 | 3.20 | 161.63% |
| 2019 | 1.22 | -89.74% |
| 2018 | 11.90 | -36.56% |
| 2017 | 18.76 | -20.80% |
| 2016 | 23.69 | 1.68% |
| 2015 | 1.33 | -20.85% |
The current Current Ratio of 49 North Resources Inc. (FNINF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.99
5-year avg
1.73
10-year avg
6.55
49 North Resources Inc.’s Current Ratio is less than Elron Ventures Ltd (12.15), less than Base Carbon Inc. (42.30), less than Asia Standard International Group Limited (1.17), less than ENDI Corp. (12.81), less than KR1 Plc (138.73), less than Canadian Life Companies Split Corp. (6.97), greater than Queen City Investments, Inc. (0), less than Agronomics Limited (934.85), greater than Georgia Bancshares, Inc. (0.24), less than BBX Capital, Inc. (2.33),
| Company | Current Ratio | Market cap |
|---|---|---|
| 12.15 | $72.25M | |
| 42.30 | $75.67M | |
| 1.17 | $56.83M | |
| 12.81 | $91.15M | |
| 138.73 | $62.79M | |
| 6.97 | $76.16M | |
| 0 | $94.86M | |
| 934.85 | $73.89M | |
| 0.24 | $44.66M | |
| 2.33 | $60.19M |
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